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Tag Archives: digital

Russia sets preconditions for digital ruble rollout

“It should be a real, full-fledged ruble – no discount or anything else,” the central bank’s governor Elvira Nabiullina told the State Duma committee this week, adding that the regulator expects to test the digital ruble for at least a year before an actual rollout. The task for the CBDC …

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Foreign travelers to China can now use digital yuan – central bank

“Foreign residents temporarily traveling in China can open an e-CNY wallet to meet daily payment needs without opening a domestic bank account,” the bank said in its so-called white paper on e-CNY, China’s government-developed digital currency. Despite e-payments being a major form of transactions in China, the country’s two leading …

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