Central Bank of Russia Aims for Widespread Digital Ruble Adoption by July 2025

According to BlockBeats, on September 12, CoinDesk reported that the Central Bank of Russia plans to achieve widespread use of the digital ruble in July 2025. The Central Bank of Russia said on Thursday that “banks need to enable customers to open and top up digital ruble accounts, make transfers and accept digital rubles in their infrastructure to promote the widespread use of digital national currencies. It is important that it be available to citizens and businesses, who can use it freely on an equal basis with cash and non-cash funds.”

Russia has reportedly been testing its CBDC with 12 banks. Earlier this month, the number of participants in the trial was expanded from 600 to 9,000.

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