Bank of Russia's Nabiullina: Digital Ruble Won't Drain Bank Deposits
- —Nabiullina: no interest is paid on digital ruble wallets, so deposits face no risk
- —Nearly 200,000 digital ruble accounts opened in three weeks, 36 banks connected
- —The central bank has recorded no confirmed fraud cases involving the digital ruble
- —The Finance Ministry reported the first taxes and fines paid into the budget in digital rubles
Why it matters: The central bank is easing lenders' fears of liquidity drain, a key factor for deposit stability as the digital ruble scales up.
Source: BeInCrypto RU