Russia's Central Bank updates digital ruble roadmap, plans to launch in 2026

This article is machine translated
Show original

On April 26, according to Bitcoin.com, the central bank digital currency (CBDC) is about to be fully rolled out in the lives of Russian citizens. The Central Bank of Russia has updated the implementation roadmap for the digital ruble.

The Central Bank of Russia is preparing for large-scale digitization of the payment system. Anna Katamadze, Deputy Minister of Finance of the Russian Federation, stated that the digital ruble payment network is planned to be launched in 2026, at which time citizens will be able to use this payment tool through digital wallets on the Central Bank of Russia platform.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments