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June 19, 2025
Russian Banks Baulk at Digital Ruble Implementation Prices
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Russian Banks Baulk at Digital Ruble Implementation Prices

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Russian Banks Baulk at Digital Ruble Implementation CostsRussian banks, notably smaller ones, are sad in regards to the excessive value (between $1.25 million and $2 million) of integrating with the central financial institution’s digital ruble platform. This value is seen as prohibitive for a lot of banks, exceeding their IT budgets. The central financial institution has mandated completely different deadlines for numerous financial institution classes to supply digital ruble providers, […]

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