Russia delays digital ruble CBDC launch, extends pilot phase indefinitely
Russia’s central bank has postponed the full-scale launch of its digital ruble project indefinitely, according to a report from local media outlet TASS. Russia’s central bank began testing its digi...
Source: CryptoSlate
Russia’s central bank has postponed the full-scale launch of its digital ruble project indefinitely, according to a report from local media outlet TASS. Russia’s central bank began testing its digital currency in August 2023 with a limited pilot program. The initiative involved 12 banks and around 600 employees, who tested wallet functionalities, transfers, and automated […]