• russia testing digital ruble
    Cryptocurrencies,  Regulation

    Russia’s Central Bank will test digital ruble in 2022

    The central bank deputy chairman said that he expects a prototype of the digital currency to be ready this year, but many regulatory changes will be needed

    Deputy Chairman of the Central Bank Alexey Zabotkin said that the central bank will start “testing rounds” of its CBDC as early as 2022. In October, Bank of Russia head Elvira Nabiullina said that the forthcoming transformation of the economy is taking place, and as a result, “there must be a transformation of the settlement system.”

  • digital ruble test 2021
    Cryptocurrencies,  Politics

    Digital ruble testing by 2021, says Russian pol

    The chairman of the Russian parliament’s financial markets committee called a central bank digital currency “the future of all our money circulation.”

    A member of the Russian Duma who sits on its financial markets committee said yesterday that “a digital ruble will start being tested, possibly even in the next year."