Central Bank of Russia Indicates Digital Ruble Could Be Launched in 2025
Hey there, fellow Lolacoin readers! We’ve got some exciting news coming out of Russia. The Central Bank of Russia is looking to launch its very own digital ruble by 2025. Olga Skorobogatova, the first deputy chairman of the institution, has confirmed this plan. Check out the breakdown below:
- The digital ruble is expected to be launched in 2025.
- A pilot test of the digital currency will take place this year, pending the passing of the digital ruble law by the State Duma.
- Ensuring safety and perfect functionality is a top priority for the Central Bank of Russia.
- The digital ruble will not be used for pension or benefit payments, and will have an account limit of 300,000 rubles.
- The State Duma is expected to pass the digital ruble law in July, with the pilot test potentially starting in August.
Hot Take
It’s great to see Russia making strides in the digital currency world. The launch of the digital ruble could bring new opportunities for the Russian economy and its citizens. However, it’s important to ensure that safety and functionality are prioritized throughout the development process. Let’s keep an eye on how this unfolds!
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