Russia Fast-tracks CBDC: Digital Ruble to be Used in “real operations” in 2023

Russia Fast-tracks CBDC: Digital Ruble to be Used in “real operations” in 2023
By Riley Waggaman The Bank of Russia announced on Wednesday that it was accelerating the rollout of its Central Bank Digital Currency (CBDC), citing the imposition of Western sanctions, t The first stage of testing for the digital ruble began in January, originally supposed to finish in 2024. Under the newly released roadmap, phase two—in which the programmable, trackable digital token will be integrated, small-scale, into “real money” operations—is now slated to start in April 2023.… Read the rest