Here's How Much Russia's Biggest Banks Are Spending on CBDC Integration

Rosbank, one of Russia's biggest banks, has spent around $1.6 million on digital ruble integration - despite the fact that the CBDC pilot is less than two months old. The bank is one of Russia's most bullish when it comes to CBDC and crypto adoption. Prior to the August launch of the digital ruble pilot, Rosbank said that it was "ready to participate in a pilot project with real clients."...