russian banks to start testing digital ruble cbdc on customers
Last updated: June 8, 2025, 15:43
Russia is set to broaden its digital ruble pilot by starting real-world tests with 13 banks next week, the country's central bank announced Wednesday. President Vladimir
Russian banks are preparing to test the digital ruble, the central bank’s digital currency (CBDC), with their customers soon. The testing phase is expected to
Thirteen banksexcluding Russian banks Sberbank and Tinkoffwill be involved in the pilot testing program. These institutions will be able to make payments with the
The Central Bank of Russia has been testing the digital rouble since December 2025, when it first developed a CBDC prototype of the digital currency platform.
Pilot testing of the digital ruble on real transactions will be launched on 15 August. It will be carried out with the participation of 13 banks and a limited number of their
Russia’s largest bank, Sberbank, will start offering the country’s central bank digital currency (CBDC), the digital ruble, to its customers by early 2025. Anatoly Popov
Bank of Russia begins testing the digital ruble project on Aug 15 with 13 banks and select clients. The aim is mass usage by 2025 as the pilot phase is to refine