Russia tests digital ruble in bid to bypass sanctions

Russia began testing its new digital ruble with consumers on Tuesday, in the hope blockchain technology will help it evade sanctions and tighten control over its citizens. The testing phase comes as the ruble lingers at its lowest level against the dollar since March 2022, weeks after Moscow launched its full-scale offensive in Ukraine. While […]

The post Russia tests digital ruble in bid to bypass sanctions appeared first on Insider Paper.