Russian Regions Welcome Digital Ruble Developments – But When Will CBDC Debut?

Russian regions are welcoming news that the nation’s digital ruble pilot is set to officially launch on August 1, but banks and officials claim that a full CBDC rollout may not come until 2027. Ludmila Panina, the head of the payment systems and settlements department at the Chelyabinsk Branch of the Central Bank told Polit74, “The digital ruble may [roll out to] citizens on a wide scale from around 2025 to 2027.”... Read More: Russian Regions Welcome Digital Ruble Developments – But When Will CBDC Debut?