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Russia Gears Up for CBDC: To Begin Digital Ruble Trials with 13 Banks

Russia will begin testing digital ruble for real-world use cases on August 15 with 13 banks and some of their clients . According to a statement issued by the country's central bank, Russia will begin issuing the digital currency for broad use cases if the pilot project is successful."The start of pilot testing for the digital ruble on real transactions is a critical stage of this project," Olga Skorobogatova, the First Deputy Governor of the Bank of Russia, said in the statement translated fr... Read More

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Posted: Aug 9 2023, 16:03

Author Name: financemagnates

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