Five Russian banks express interest in piloting digital ruble

Cointelegraph

Published Oct 16, 2020 04:19AM ET

Updated Oct 16, 2020 06:20AM ET

A number of financial institutions in Russia have expressed interest in testing the country’s central bank digital currency, or CBDC.

According to an Oct. 16 report by local news agency Izvestia, at least five Russian banks are interested in taking part in Russia’s non-public digital ruble pilots in the first half of 2021.

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