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CBDCs will gradually displace private banks, says Russian lawmaker

Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

CBDCs will gradually displace private banks, says Russian lawmaker

Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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