November 16, 2024

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Digital Ruble and Sanctions: Expert Analyzes Russia’s Digital Currency Plan to Evade Western Control

1 min read
Digital Ruble and Sanctions: Expert Analyzes Russia’s Digital Currency Plan to Evade Western Control
Digital Ruble and Sanctions: Expert Analyzes Russia’s Digital Currency Plan to Evade Western ControlA Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the digital ruble, Russia’s central bank digital currency (CBDC), highlighting its potential role in reshaping Russia’s financial landscape amid sanctions. While the digital currency could offer new avenues for trade and reduce reliance on […]