Elvira Nabiullina highlighted that global trade has undergone ‘tectonic shifts’ due to U.S. Sanctions, creating a new risk landscape. Despite these complications, she reassured that they have not disrupted trade flows.
The central bank is focusing on digital financial assets and cryptocurrencies. Businesses are trialing these alternatives within a newly formed legal framework, while plans to convert confiscated Bitcoins into state revenue are underway.
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