Russia to begin work on CBDC settlement system in Q1 as sanctions linger: report
The country's central bank will begin exploring two possible cross-border CBDC settlement models this quarter.
![Russia will start working on the system CBDC Settlement in Q1 as Sanctions Linger: Report](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-01/04a1a171-ca8e-48a7-8b5c-634217082842.jpg)
![Russia to begin work on CBDC settlement system in Q1 as sanctions linger: report](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDEvMDRhMWExNzEtY2E4ZS00OGE3LThiNWMtNjM0MjE3MDgyODQyLmpwZw==.jpg?#)
The country's central bank will begin exploring two possible cross-border CBDC settlement models this quarter.
![Russia will start working on the system CBDC Settlement in Q1 as Sanctions Linger: Report](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-01/04a1a171-ca8e-48a7-8b5c-634217082842.jpg)
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