Russia’s digital ruble accounts surge, mainly out of curiosity
Photo: CoinGeek
By Steven Stradbrooke . Senior writer covering all things blockchain, with a focus on regulatory, legislative and policy developments. TL;DR: Russia’s digital ruble opened strong, with over 220,000 accounts in its first month, triple the central bank’s target. But surveys point to weak engagement, and big banks like Sberbank expect little real impact. Meanwhile, a new investigation reveals how the sanctioned A7 Network moved hundreds of tons of cash rubles through Russian markets and a state-owned bank to pay overseas recipients, mostly in China.
Source: CoinGeek
