Elvira Nabiullina, Governor of the Central Bank of Russia: CBDC will become part of daily life in 2031

Odaily News Elvira Nabiullina, the head of the Russian Central Bank, said that the regulator believes that the digital ruble, Russia's central bank digital currency (CBDC), will be widely adopted in the next five to seven years. Nabiullina stressed that by 2031, the digital ruble will become a familiar aspect of daily life. She said that the advantages of the digital ruble, such as free transfers for individuals and lower transaction fees for businesses, will drive its adoption. (CryptoSlate)