Bank of Russia Announces Upcoming Trial For Digital Ruble

“On Monday the Central Bank of the Russian Federation (Bank of Russia) officially announced they had launched a pilot program of their central bank digital currency (CBDC), the digital ruble. The trials are comprised of a dozen different banks that volunteered to partake and filed the proper paperwork with the national bank. To be eligible, the banks had to prove they were technically and technologically ready to prep systems for testing.”

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