Russia tests digital ruble in bid to bypass sanctions
The Russian ruble is at its lowest level against the US dollar since March 2022.
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The Russian ruble is at its lowest level against the US dollar since March 2022.
The testing phase comes as the ruble lingers at its lowest level against the dollar since March 2022, weeks after Moscow launched its full-scale offensive in Ukraine.
Russia began testing its new digital ruble with consumers on Tuesday, in the hope blockchain technology will help it evade sanctions and tighten control over its citizens.
Russia began testing its new digital ruble with consumers on Tuesday, in the hope blockchain technology will help it evade sanctions and tighten control over its citizens.
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