The Central Bank last month launched an 11-city “real-world” CBDC pilot in conjunction with 13 commercial banks.
But banking organizations have already expressed “concern” about the project, and the Central Bank was rocked by the eleventh-hour withdrawals of heavyweights Sberbank and Tinkoff Bank….
Read More: Russian Banks Say Digital Ruble Will Drive up Loan Rates – New CBDC Dangers?