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Putin’s advisor proposes to introduce a single digital currency in the Unified Energy System

Adviser to the President of the Russian Federation Sergey Glazyev suggested introducing a single digital currency in the Eurasian Economic Union. As reported by TASS, according to Glazyev, “the introduction of digital money will monitor the mode of circulation in the monetary system in online mode, to guarantee their intended use, to increase the volume of trade in the EAEC and provide lending to large target investment projects.”

“We expect that in the near future at least one of the states of the Eurasian Economic Union will come up with a draft of a national digital currency that will combine the possibilities of electronic non-cash money and cash that have a number, ” Glazyev said.

However, while there are no concrete plans for the issue of a digital currency.

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