CEO at DeFi Alliance DAO

DeFi Alliance DAO

The statement from Elvira Nabiullina, the governor of the Bank of Russia, about starting a pilot project on the digital ruble in August is a noteworthy development in the realm of central bank digital currencies (CBDCs). Here are some key points to consider: https://news.bitcoin.com/bank-of-russia-digital-ruble-pilot-update-everything-going-as-planned/ 1. Digital Ruble Pilot: A digital ruble is a digital version of the Russian ruble, the official currency of Russia. The pilot project mentioned by Nabiullina indicates that the central bank is actively exploring the implementation of a digital ruble. 2. CBDCs Worldwide: Central banks around the world have been exploring the concept of...