Digital Ruble
Decoding Russian Sentiments on Digital Ruble: A Safe and Convenient Revolution?
According to a recent survey, more than half of Russian citizens are interested in storing their money in a Central Bank Digital Currency (CBDC), but only a small fraction is willing to store all their money in this form. The main barriers identified are lack of knowledge about the technology and concerns about cyber theft and system failures. The Central Bank of Russia plans to introduce the digital ruble for widespread use between 2025 and 2027.