In 2025 Russia plans for the release of a digital Ruble!!!!!!!!!steemCreated with Sketch.

in Steem Alliancelast year (edited)

Thursday
Date: 20 July 2023

Hello friends how are you all. Alhamdulillah I am fine with everyone's prayers. Hope you all are well.


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Introduction – Russia is a country that possesses both power and potential. Russia will undoubtedly rank among the world's most powerful countries. When it comes to cryptocurrency, If Russia launches their own currency, it will make historic victory of crypto.

About the news - Since the BRICS meeting likely to include discussions of an alternate currency, Russia might be planning for the release of its digital Ruble later. In fact, the BRICS countries CBDC plan is likely to advance at a very fast pace.

The Russian Federation Central Bank started working for the initiative in 2020. Furthermore, hardly two years later a bill explaining its regulatory standard was approved. CBR is now predicting that the currency will be available in four years from now.


pixabay

When is the launch - The forthcoming BRICS meeting is coming up to be a historic meeting of the global union. The collective will not only aim to implement excessive standards. But it will also keep up talks on a different currency. As the BRICS trade currency has been addressed earlier the promotion of local currencies stayed in the center of attention.

Russia being a BRICS member stated that its digital currency plan will begin between 2025 to 2027. As a whole the CBDC project has shown a positive path for the digital currency initiative.

In the year of 2017, the Central Bank showed curiosity about a digital Ruble currency. Following that, the CBR is currently implementing preparations for the digital currency launch across every bank in the country. They now plan for a public deployment of the currency in four years.

When the decision going to arrive - Many people believe that digital currency might turn into an appropriate choice for the economic growth. Russia's curiosity on the CBDC program may now show their eagerness to use it for alternative currency programs. However, the talks planned for the coming meeting will be crucial for placing this course of action.


pixabay

Conclusion – Russia rules the world in trade, business, and international policy. Digital Ruble has the potential to influence the course of cryptocurrency sooner rather than later. All we have to do now is wait for the next meeting. We are hoping for the best.


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 last year (edited)

@shamimhossain, put the source of your image correctly with the use of correct markdown. It is just started to download when clicking on the source.

IMG_20230720_102923.jpg

 last year (edited)

It might be a server problem. Images taken from pixabay.

Images collect this - https://pixabay.com/images/search/ruble/

 last year 

Not a server Problem it happened with me many times and only happens with the members from SFT community post. I think you all are using a similar type of markdown to putting source which is wrong. But I already guided them and some fixed too.

Markdown for putting a source correctly.

16898303000121350954401109265683.jpg

And lastly this url :- https://pixabay.com/images/search/ruble/

Which you provided is not correct also it is not redirecting to the image downloading page, it is redirect to your search results page.

 last year 

Everyone in our community uses justy. What is the problem for this?

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