Russia begins consumer testing of digital ruble

08/20 23:05

Russia has started consumer testing of the digital ruble, becoming the 21st country in the world to test digital currencies. The Russian central bank stated that the test is being conducted at 30 sales points in 11 Russian cities, with the participation of 13 banks and 600 individuals. Russia's second largest bank, VTB, said it has successfully tested digital ruble transactions in its mobile app. The central bank hopes to officially launch the digital ruble around 2025-2027, but promises not to force people to use it.

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