Russia's Central Bank governor said that a digital ruble, which could be used for international payments, is already being tested.
Nabiullina also said that Russia is looking to widen the pool of countries that accept the central bank’s MIR, a payment system that offers an alternative to Visa and Mastercard, which suspended operations in Russia, following the invasion of Ukraine.
In an attempt to cut Russia off from the global financial system in the first days of the war, western countries decided toOfficials in the US have been watching out for possible ways in which the country might be able to sidestep economic sanctions. Some havewhen she testified before the House Financial Services Committee earlier this month.
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