Central Bank of Russia Governor: Central Bank Digital Currency is the Future of Russia’s Financial System

Central Bank of Russia Governor Elvira Nabiullina said that with the rise of the online economy, central bank digital currency will be the future of the financial system, according to CNBC. Nabiullina said, “I think central bank digital currency is the future of our financial system because it is tied to the development of the digital economy.” She also said that digital currency is a “very difficult” project.

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