Russian digital ruble update proposal this year

According to Coindesk, the Central Bank of Russia will propose a reform of the central bank's digital currency (CBDC) later this year. Central Bank President Elvira Nabiullina said after discussions with banks that most schools prefer the two-tier model of digital rubles: banks open wallets on the core banking platform on behalf of consumers . Nabiulina said earlier this summer that the new model will open a dialogue with the public and stakeholders, and that the test platform will be unveiled at a later stage.