Russia Enhances Digital Ruble Pilot, Prepares for Full Rollout by 2025
Russia’s central bank is expanding its digital ruble pilot program to include 9,000 individuals and 1,200 companies. Introducing new features such as QR code payments.
The full-scale rollout is expected by late 2025. Officials anticipate growing demand for the digital ruble due to ongoing sanctions. Which they believe will facilitate its successful integration into everyday transactions. The pilot aims to test various operations, including digital account management and inter-company transfers, with further participant growth planned for the next year.
Clever Robot News Desk 9th September 2024
