Bank of Russia sees potential for global payments in central banks’ digital currencies – Russian Politics & Diplomacy – TASS

https://tass.com/politics/1508807

https://www.rt.com/business/562972-us-considers-digital-dollar/

Washington ponders creating digital dollar
The government has suggested that a US central bank cryptocurrency could be faster and more “inclusive”

US Treasury Secretary Janet Yellen has called for President Joe Biden’s administration to consider creating a central bank cryptocurrency and to start laying the technical groundwork for the so-called digital dollar right away.

MOSCOW, September 16. /TASS/. Russia’s Central Bank sees huge potential for international payments in digital currencies of central banks, the regulator’s Governor Elvira Nabiullina told a press conference following the meeting of the board of directors on the key rate on Friday.

“We believe there is also huge potential for international payments in digital currencies of central banks. Regarding digital financial assets, we have a respective legislation, and in terms of digital financial assets not suggested to be used as quasi-money, we believe the focus should be on simplifying the issuance of such digital financial assets,” she explained.

The regulator is ready to discuss ways of using digital financial assets, including cryptocurrencies, for international payments, but opposes free circulation of cryptocurrencies inside the country, Nabiullina added.


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