Elvira Nabiullina: "Citizens of the Russian Federation will be able to receive a pension in digital rubles" – Bits Media

Chairman of the Central Bank of Russia Elvira Nabiullina reported, that in the future, citizens of the Russian Federation will be able to receive a pension in digital rubles.

If the Bank of Russia releases its digital currency, which will become a payment tool, then Russians will be able to choose, In what form will they receive a pension. Nabiullina explained, that today Russian pensioners also have a choice: Get money in cash, to a bank account or on a card. When a digital ruble appears, Elderly people will be able to use it, If they really want it.

However, Nabiullina noted, that the regulator has not yet made the final decision to launch digital currency. The Bank of Russia conducts thorough studies of the digital ruble, discusses its advantages and disadvantages, and also studies possible technical and economic risks. Primarily, The Central Bank is trying to understand, What benefits will ordinary citizens and organizations receive with a large -scale implementation of this asset.

In October, the Central Bank of the Russian Federation submitted a report for public discussion, in which he outlined the concept of a digital ruble. It can be used to pay for goods and services, making payments, calculations and money transfers. Note, that Nabiullina refers to the launch of a digital ruble quite restrained. She had previously feared, that such newcomers can poorly affect the country's financial system.

Unlike Nabiullina, Deputy Chairman of the Bank of Russia Olga Skorobogatova sees many advantages in this “Steabelcoin”, since he will reduce the cost of servicing cashless payments.