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Cryptocurrencies: 29417
Markets: 111525
Market Cap: $2,206,819,660,323     
24h Vol: $63,483,919,697
Bitcoin.com 2023-02-03 08:00:22

Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say

Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say
Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the new digital currency are not that obvious as they may not be paid any interest or cashback. Launch of Russia’s Digital Ruble Said to Result
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