Russia Fast-tracks CBDC: Digital Ruble to be Used in “real operations” in 2023
Citing the imposition of Western sanctions, the Bank of Russia announced on Wednesday that it was accelerating the rollout of its Central Bank Digital Currency (CBDC).
The first stage of testing for the digital ruble began in January and was 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. Vedomosti (Russia’s Wall Street Journal) has the details:
read on: https://www.activistpost.com/2022/05/russia-fast-tracks-cbdc-digital-ruble-to-be-used-in-real-operations-in-2023.html?fbclid=IwAR3ZaL0BrAE1Umrx8sXK01JapMWsHhFmjaD4TtcRsIuU7M6GrpYvZ4T497Y&fs=e&s=cl