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Further Discussions => Banks & Cryptos => Topic started by: sirty143 on November 17, 2021, 10:12:54 AM

Title: Digital Ruble Should Not Boost Inflation, Bank of Russia Says
Post by: sirty143 on November 17, 2021, 10:12:54 AM

(https://i.imgur.com/dsLsqepm.jpg)

Bank of Russia is preparing for a prolonged trial of the digital version of the national fiat to ensure this is a “full-fledged ruble,” the head of the monetary authority has emphasized. The regulator has put forward some conditions for the implementation of the new currency project. See more for yourself here (https://news.bitcoin.com/digital-ruble-should-not-boost-inflation-bank-of-russia-says/).

Your opinion is greatly appreciated.

Title: Re: Digital Ruble Should Not Boost Inflation, Bank of Russia Says
Post by: Senin on April 29, 2022, 08:37:15 AM

The Russian banking system is facing very difficult times in connection with the military attack on Ukraine and the imposition of the most severe international sanctions. Russian banks are cut off from SWIFT, half of the foreign exchange reserves are frozen in foreign banks and there is a high probability that these funds will be transferred to Ukraine to restore the damage caused by Russia. Business is leaving this country, the supply of high-tech components is severely disrupted, inflation and unemployment are growing.
But in any case, states will issue their own CBDCs, it's only a matter of time.