Anatoly Aksakov, who was involved in the recent adoption of the new digital ruble legislation, highlighted some of the advantages of programmable central bank money as he sees them.

Central Bank of Russia to Cap Digital Ruble Payments at CBDC Launch, Aksakov Expects

Russia's recently adopted digital ruble law allows the Bank of Russia to limit the use of its central bank digital currency (CBDC) and, according to the head of the parliamentary Financial Market Committee, Anatoly Aksakov, the monetary authority will set some restrictions after its initial introduction.