FMP

FMP

Central Bank of Russia Is Moving Forward With Digital Ruble Project

The Central Bank of Russia’s First Deputy Chairman Olga Skorobogatova commented on the “much needed” digital ruble, highlighting that the bank won’t delay the testing, despite the fact that not all the banks are technically ready to join yet.

She mentioned that the project can be implemented in the coming years in case the bank moves fast with testing (started in January) and the legislation phase.