The Russian Central Bank is looking to the digital currency to overcome cross-border payment hurdles

Elvira Nabiullina, head of Russia’s central bank, highlighted challenges in cross-border settlements, including payment problems and falling trade volumes. She emphasized the importance of finding new solutions, such as the use of digital currencies and cooperation with global partners, to address these issues. Russia faces cross-border payment problems amid declining trade Governor of the Central Bank of Russia, Elvira (…)