The Russian Central Bank Is Preparing A Real-World Pilot For CBDCs – Will The Digital Ruble Be Launched Soon?

After parliament approved a crucial piece of CBDC legislation, the Russian Central Bank might start conducting “real-world” tests on the digital ruble next month. At the third reading this week, the State Duma voted to adopt the bill, as reported by Interfax. This indicates that the bill’s main provisions will become law. The Central Bank announced at the end of March that it was prepared to conduct a pilot using “real” digital ruble tokens. The bank has formed partnerships with 13 commercial banks and had planned to begin testing in April. However, the “lack of a necessary legal framework” forced The post The Russian Central Bank Is Preparing A Real-World Pilot For CBDCs – Will The Digital Ruble Be Launched Soon? appeared first on Cryptoknowmics-Crypto News and Media Platform .