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Russian Central Bank: Digital Ruble to Launch in September 2026
Summary: In a recent announcement, the Russian Central Bank revealed that the country's Central Bank Digital Currency (CBDC), the digital ruble, will officially launch nationwide on September 1, 2026. The largest commercial banks in Russia are expected to offer full CBDC transaction options to customers starting from September next year, while small and regional banks will ...
In a recent announcement, the Russian Central Bank revealed that the country's Central Bank Digital Currency (CBDC), the digital ruble, will officially launch nationwide on September 1, 2026. The largest commercial banks in Russia are expected to offer full CBDC transaction options to customers starting from September next year, while small and regional banks will follow suit in September 2027. The Russian Central Bank has submitted a draft law to the State Duma, aiming to swiftly incorporate its requirements for the banking sector into Russian law. Legislators have indicated that the Russian CBDC will be interoperable with digital currencies issued by other BRICS countries and may be used in cross-border trade to help Russian traders circumvent sanctions. (CryptoNews)
