Digital ruble must ensure privacy, not anonymity: Russia’s central bank

Cointelegraph

Published Oct 23, 2020 12:39PM ET

Updated Oct 23, 2020 02:40PM ET

Elvira Nabiullina, the head of the Bank of Russia, argued that there is a line between anonymity and privacy regarding the circulation of an upcoming digital ruble.

Speaking at a press conference on Oct. 23, Nabiullina said that Russia’s digital ruble will not have the same level of anonymity as cash. However, the bank expects to strengthen user privacy, Nabiullina promised, stating:

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