Moscow Metro is to pilot the use of Russia’s digital ruble for fare payments as part of the Central Bank of Russia’s real-world testing programme for the central bank digital currency (CBDC)... More
Russia could start testing the use of the digital ruble in real-world transactions as early as this month following the adoption of a law that ratifies the issuance and use of the central bank digital currency (CBDC) using a platform operated by the Central Bank of Russia... More
The 12 Russian banks taking part in the first phase of the Central Bank of Russia’s digital ruble pilot scheme have started or are ready to start trialling the central bank digital currency (CBDC) across a range of payment types... More
The Central Bank of Russia will build a prototype central bank digital currency (CBDC) by December 2021 using a two-tier structural model unveiled by bank representatives at a press conference... More
Russian mobile network operators Beeline and MegaFon are looking to develop digital wallets for smartphones and other mobile devices that will support the central bank digital currency (CBDC) which is being developed by The Central Bank of Russia (CBR)... More
The Central Bank of Russia (CBR) has begun a public consultation on the launch of a central bank digital currency (CBDC) that would allow citizens to use “mobile devices and other media” to make payments using a digital ruble... More
