The Central Bank of Russia (CBR) is already discussing the integration of its central bank digital currency (CBDC), the digital ruble, with other countries’ payment systems. Elvira Nabiullina, Governor of the CBR, declared the bank was exploring different possibilities of integration with other CBDC systems to complete cross-border payments and settlements.
Central Bank of Russia Discusses Digital Ruble Integration
The Central Bank of Russia (CBR) is already advancing discussions on integrating its central bank digital currency (CBDC), the digital ruble, with the digital currencies of other countries. The governor of the CBR, Elvira Nabiullina, stated that many countries were already developing their digital currencies and that the bank was currently discussing the integration procedures that the digital ruble might undergo to interact with these.
According to TASS, the Russian state-owned news agency, Nabiullina explained that these discussions were directed at using the digital rub
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