🚀 Big news from Russia! Starting July next year, the country's largest banks will support the digital ruble for both retail and commercial use. Smaller banks will join the movement in the following years. 🏦
The Bank of Russia aims to make digital ruble accounts accessible for opening, topping up, transferring, and accepting payments. This move is part of a global trend towards Central Bank Digital Currencies (CBDCs), with countries like the Bahamas and Nigeria already ahead in the game.
Russia's CBDC trials have expanded from 600 to 9,000 participants this month. What do you think about the future of digital currencies? 💬 Share your thoughts below!