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Author Topic: Bank of Russia Plans Prototype for Its Digital Ruble Design in December  (Read 499 times)

Offline Tanimariya

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The digital ruble will live in a hybrid technological platform combining distributed ledger technology and centralized control by the central bank.
The Bank of Russia presented a new concept for the digital ruble, a central bank digital currency the regulator has been contemplating since late last year, at a press conference on Thursday.

A prototype of the digital ruble will be created by this December, said Bank of Russia First Deputy Governor Olga Skorobogatova. The regulator also published a fresh report on the current state and future plans for the project.
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That is what all governments will do sooner or later, as we already know, China has been conducting tests with its digital Yuan for months and a few days ago a news item from the United States Department of the Economy came to light saying that they were going to start tests with the digital Dollar. What I still don't know is what the European Union is doing with the Euro.
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