Lawmaker Projects Up to 3% of Russian Bank Customers to Use Digital Ruble by 2027
State Duma financial markets committee head Anatoly Aksakov said adoption of Russia's central bank digital currency will remain limited in its early years, TASS reported.
Anatoly Aksakov, chairman of the State Duma's Committee on Financial Markets, said he expects up to 3 percent of Russians with bank accounts to use the digital ruble by 2027, according to a report by the Russian state news agency TASS.
Aksakov's projection suggests that adoption of the central bank digital currency (CBDC) will remain relatively limited in its initial years of rollout, TASS reported.
The lawmaker also said that some iPhone users in Russia are already using the digital ruble, despite reported connection issues affecting the service, according to TASS.
The digital ruble is a central bank digital currency being developed and piloted by the Bank of Russia. Further details on the scope of current usage, the nature of the connectivity problems, or the basis for Aksakov's projection were not provided in the available report.
Sources
- Up to 3% of Russians with bank accounts expected to use digital ruble by 2027 — lawmaker — TASS (Russia)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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