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Bank of Russia Claims Digital Ruble Issuance Won’t Cause Inflation Bitcoin.com 02 Oct 2024

Bank of Russia Claims Digital Ruble Issuance Won’t Cause Inflation 🇷🇺

The Bank of Russia has explained that the launch of the digital ruble, the Russian CBDC, will not affect the state’s mechanisms to control inflation or the amount of money issued.

The institution clarified that the new currency does not pose risks to the country's financial stability.

Furthermore, the transition to a digital ruble will not alter the functions of the central bank regarding monetary policy.

Source: news.bitcoin.com ↗