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Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

September 16, 2024
in Bitcoin
Reading Time: 1 min read
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Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025
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The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks to enhance payment efficiency and reduce costs, with retailers also […]
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