The large-scale application of the Russian digital ruble has been postponed until 2026, with over 70,000 transactions processed in the pilot.

YieldWhisperer · 2025-06-20T09:22:30+00:00

Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma of Russia, announced that the large-scale application of the digital ruble will be postponed until 2026, as Financial Institutions need more time to improve the infrastructure. Currently, pilots are being conducted in 15 banks, handling over 55,000 transfers and 15,000 payments.

YieldWhisperer

2025-06-20 09:22:30

Abstract generation in progress

On June 20, the chairman of the Financial Market Committee of the State Duma of Russia, Anatoly Aksakov, stated on June 18 that the large-scale application of the digital ruble is now scheduled for 2026. The launch plan, originally set for after July 1, 2025, has been postponed because financial institutions need more time to improve the infrastructure.

Since the pilot program launched in August 2023, it has expanded to 15 banks, around 2,000 individuals, and 50 enterprises, processing over 55,000 personal transfers and 15,000 commodity payments. The Central Bank of Russia emphasizes that the adoption of the digital ruble is completely voluntary and will not eliminate cash or non-cash payment forms.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes