The Russian company Ingosstrakh became the first to sell insurance for digital rubles. The deal was formalized as part of a pilot program for testing the third form of the national currency.

At the Moscow office of the insurance company, the client, whose name was not disclosed, bought a travel and accident insurance policy. Similar policies for digital rubles were purchased by the company’s clients in Kazan and Nizhny Novgorod.

Several hundred Russians have opened digital wallets at Ingosstrakh Bank. Some have already tried opening, closing and blocking a digital account, as well as depositing and withdrawing funds, transfers between individuals and transactions with a delayed settlement date.

In Russia, from August 1, a law on the introduction of a digital ruble into the banking system has been in force. The Central Bank of the Russian Federation, which is assigned the status of the operator of the CBDC platform, now has the right to refuse any commercial bank to conduct a transaction.

Only a quarter of Russians said they were ready to keep savings in the digital ruble, but not more than 20,000 rubles. This is evidenced by the results of a survey organized by the St. Petersburg Stock Exchange and RTS.