The Central Bank of Russia plans to launch test operations with digital ruble transactions between real customers at the beginning of April. More than a dozen banks will join the upcoming stage of the pilot project, a high-ranking representative of the bank announced to Russian media.The Central Bank of the Russian Federation is going to proceed to the next phase of the digital ruble pilot project on the first day of April.
The plan is to start with transfers between individuals and payments between trade and service companies, the top official detailed. Skorobogatova emphasized that these will be “real transactions” and “real customers” of 13 banks that are ready to take part. However, she also noted that the initial number of these transactions, as well as the number of participating clients, will be limited. Ordinary customers will not be able to participate in the testing at the first stage, the banker said on the sidelines of the Cybersecurity in Finance forum in Yekaterinburg.
Quoted by the Tass news agency, Skorobogatova elaborated that upon completing the tests, the regulator will be able to determine how to scale the use of its central bank digital currency . She also remarked that the participating banks have passed all technical and operational tests to enter the trials on April 1.
to the currency 'Sounds great, now we can all be broke digitally!'
Every country starts implementing CBDC, when ppl understand this war with Ukraine, it is part of a big plan change, the whole system , you get nothing, and you'll be happy and eat bugs 🐛
Ruble 💩
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Russia will fail like every other CB/govt that has tried to introduce CBDCs from China to Nigeria and the reason is very simple: CBDCs are useless, they solve no problem and people just don’t wont them.
it sounds like they're not just dipping their toes in the water, but cannonballing right in. I just hope they remember to bring their water wings and sunscreen,. But hey, it's always exciting to see more countries embracing the future of finance.
I can't help but wonder if this will lead to a whole new category of cyber-spies, trying to hack into the digital Ruble reserves. Let's just hope that the Bank's cybersecurity measures are as robust as a Russian weightlifter on steroids.
Lol No one should pay attention to these scammers in the comment section
does anyone know the code?
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