🚨 Russian Central Bank Shock: First Deputy Governor Set to Depart! 🌍
On December 2, the First Deputy Governor of the Russian Central Bank, Olga Skorobogatova, will officially leave her position! She has been responsible for overseeing the national payment system, IT, and financial technology, playing a crucial role in the areas of digital ruble (CBDC) and fintech.
📌 Digital Ruble Progress:
The digital ruble project is expected to be launched on a large scale in July 2025. By then, major banks will be required to support the CBDC, while the second batch of banks was initially scheduled to join in January 2024, but this has not yet been realized.
Why is this important?
As digital currencies, especially central bank digital currencies (CBDCs), continue to advance, Russia's development of digital currency could influence the direction of global financial markets! 📉
Although the launch of the digital ruble is currently facing delays, it will undoubtedly have a significant impact on the cryptocurrency market. After all, with major banks coming on board, challenges to the traditional currency system are becoming increasingly imminent! 💥
🔮 The Future of Digital Currency:
Digital currencies are not only a challenge to traditional payment systems but also an opportunity for reforming the global financial system. Russia's central bank digital currency could not only change the domestic payment ecosystem but also impact the global cryptocurrency market. 🚀
My Opinion:
Although Russia's pace in promoting CBDCs is slow, the official launch of the digital ruble in the future will surely bring a new round of challenges and opportunities for cryptocurrencies. The competition in the cryptocurrency market is not just about mainstream coins like Bitcoin and Ethereum, but also includes the digital currencies of various countries' central banks. 🔑
