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Russia’s decision to release its own digital currency will depend on the trial of the digital ruble platform set to launch next year.
A prototype of the platform will be ready for early 2022, according to Elvira Nabiullina, governor of Russia’s central bank.
Legal changes are necessary for the implementation of the digital ruble and that will coincide with the launch of an experiment for the Central Bank Digital Currency (CBDC), according to Anatoly Aksakov, head of the State Duma Committee on the Financial Market.
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