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The Digital Ruble: Latest Updates
Just over a month ago on August 15, 2023, pilot testing using Real Digital Rubles got underway by thirteen banks and a selected number of these banks’ clients. This has allowed the Digital Ruble project and platform to operate in actual commercial transactions and to work through streamlining processes and procedures employing real clients to ensure the processes are simple, convenient, easy to operate, and understandable. The creation of the Digital Ruble has been quite openly developed in Russia, and is certainly not a mystery. While the Russian pilot programs are continuing, there are also parallel programs to ... (full story)