Russia and UAE to Develop Joint Payment System Using Digital Ruble

dev EVE git ia ING 2023-11-11 53

According to Foresight News, Olga Skorobogatova, the First Deputy Governor of the Central Bank of Russia, has announced that the bank will collaborate with the United Arab Emirates (UAE) to establish a joint payment system using the digital ruble. The system will serve both individuals and businesses, and its development is estimated to take one year.