The Central Bank has planned testing of digital rubles in real operations for August
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The Bank of Russia expects to start testing digital rubles on real transactions in August. This was reported to journalists in the press service of the regulator. Earlier today, July 11, the law on the digital ruble accepted State Duma.
“Now we need to adopt the necessary regulations. And we expect to do it as soon as possible. We plan to start a pilot with real digital rubles in August, ”the Central Bank said (quote from TASS).
A digital ruble is a unique electronic code (token). Unlike cryptocurrency, it is issued exclusively by the Bank of Russia.
Law including defines legal status of the digital ruble and operations with it. The document also establishes the current requirements for bank secrecy for operations and accounts of the digital ruble. The main provisions of the law will come into force on August 1, 2023.
Read more in the publication “Kommersant” “The digital ruble did not get into the wallet”.
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