Anatoly Aksakov, chairperson of the financial marekt committee of the Russian State Duma, said at the St. Petersburg International Economic Forum (SPIEF) that central bank digital currencies (CBDCs) will become ubiquitous and the norm for Global Payments within five years. He revealed that Russia may start using the digital ruble for international transactions in the second half of 2025, but first it needs to be tested domestically and widely implemented, including...