Russian Central Bank: Digital ruble to be launched in September 2026
6 hours ago
Odaily News The Central Bank of Russia announced that the country's central bank digital currency (CBDC), the digital ruble, will be officially launched nationwide on September 1, 2026. Russia's largest commercial banks are expected to offer customers a full range of CBDC trading options from September next year, with small and regional banks to follow in September 2027. The Central Bank of Russia has submitted a draft bill to the State Duma, hoping to quickly incorporate its requirements for the banking industry into Russian law. Lawmakers previously said that Russia's CBDC will be interoperable with digital currencies issued by other BRICS countries and may be used in cross-border trade to help Russian traders avoid sanctions. (CryptoNews)
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