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Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

cryptosheadlines2 months ago01 mins

The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks to enhance payment efficiency and reduce costs, with retailers also…

Russia Expands Digital Ruble Pilot With New Features: Widespread Use Expected in 2025

cryptosheadlines2 months ago01 mins

Russia’s central bank is expanding its digital currency pilot program, involving 9,000 individuals and 1,200 companies. New features for the digital ruble, including payments via QR code, will be tested. Full-scale implementation is expected by late 2025. According to officials, demand for the digital ruble is growing, with successful integration anticipated due to ongoing sanctions….

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Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

Russia Expands Digital Ruble Pilot With New Features: Widespread Use Expected in 2025