Russia doesn’t need to be first with a digital currency, says state expert
Cointelegraph
Published Oct 23, 2020 05:45AM ET
Updated Oct 23, 2020 07:20AM ET
A Russian official argued that the country should have launched research on a central bank digital currency four years ago in order to claim leadership in the field.
However, according to Dmitry Peskov, a special representative of the President of the Russian Federation on digital and technological development, the first-mover advantage also brings a number of risks in terms of financial stability.
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Written By: Cointelegraph
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