The Central Bank of Russia is developing a roadmap to test the digital ruble!
Olga Skorobogatova, First Deputy Chairman of the Central Bank of Russia,said in an interview that the bank will lay out a roadmap for the introduction of the digital ruble by the end of 2023. The senior Russian central bank official also claimed that the bank plans to test the country’s national digital currency with real customers in April 2023 (April 1402). Skorobogatova emphasized that the next year will be very important for the project, saying:
“Testing of real operations will give us the opportunity to understand what needs to be tweaked and brought to mind, what to refine, what to change. We want to develop a roadmap for the introduction of the digital ruble at the end of next year”
The Deputy Governor noted that there are currently 12 banks participating in the pilot project. Another three banks want to join the trials and the monetary authority has received applications from several non-financial organizations as well. Olga Skorobogatova pointed out that it is too early to talk about the results of the current stage because the participants move at different speeds. “But more than half of the banks in the pilot group are evolving very rapidly.