Russia's digital ruble is set to launch by September 2026.
Major Russian banks and retailers are ready to allow citizens to use the national's digital ruble by the September 1 deadline, Bank of Russia Governor Elvira Nabiullina said this week.
The nation's central bank digital currency (CBDC) plan will come to fruition nearly three years after Russian President Vladimir Putin signed a bill into law that granted the legal tender to a digital ruble.
Meanwhile CBDC is a risk for U.S with some lawmakers and crypto advocates warning that it may enable deep financial surveillance. $POL
Major Russian banks and retailers are ready to allow citizens to use the national's digital ruble by the September 1 deadline, Bank of Russia Governor Elvira Nabiullina said this week.
The nation's central bank digital currency (CBDC) plan will come to fruition nearly three years after Russian President Vladimir Putin signed a bill into law that granted the legal tender to a digital ruble.
Meanwhile CBDC is a risk for U.S with some lawmakers and crypto advocates warning that it may enable deep financial surveillance. $POL