According to Odaily, Elvira Nabiullina, the Governor of the Central Bank of Russia, has stated that the regulatory body anticipates the widespread adoption of the digital ruble, Russia's central bank digital currency (CBDC), within the next five to seven years. Nabiullina emphasized that by 2031, the digital ruble is expected to become a familiar aspect of daily life. She highlighted the benefits of the digital ruble, such as free personal transfers and lower transaction fees for businesses, as key factors that will drive its adoption.
