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Russia’s Gazprombank recommends slow CBDC rollout fearing loss of income

Gazprombank, a subsidiary of a state-owned energy corporation, which participates in Russia’s CBDC initiative, fears losing a part of its income as the digital ruble replaces traditional fiat currency.

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

Russia’s Gazprombank recommends slow CBDC rollout fearing loss of income

Gazprombank, a subsidiary of a state-owned energy corporation, which participates in Russia’s CBDC initiative, fears losing a part of its income as the digital ruble replaces traditional fiat currency.

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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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