Russian Lawmaker Predicts That Digital Ruble Will Displace Banks

Currently, the central bank of Russia has not made it possible to get a loan in digital rubles, but Askakov believes this will change “because it will be faster and, perhaps, more efficient.” If that happens, banks will not be needed at all, Askakov added.

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• Source: https://www.coindesk.com/policy/2023/09/06/russian-lawmaker-predicts-that-digital-ruble-will-displace-banks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines