The Central Bank of Russia: Developing interaction mechanisms between the digital ruble and other CBDCs

ChainCatcher news, the Central Bank of Russia stated that the system supporting the issuance and circulation of the Central Bank Digital Currency (CBDC) in Russia may collaborate well with digital fiat currencies of other countries. It is developing various interaction models between the digital ruble and other CBDCs. Alternatives include establishing bidirectional integration with each CBDC platform or launching an international digital platform to facilitate simultaneous interaction between digital currencies from multiple issuers.

However, the Central Bank of Russia still opposes the free circulation of decentralized cryptocurrencies in the country and does not intend to create a national cryptocurrency exchange. (Source link)