Russia began testing the digital ruble

Get real time updates directly on you device, subscribe now.

Some Russian banks have begun testing operations with the digital ruble or are actively preparing for its start, TASS writes.

Promsvyazbank is already piloting C2C payments. After that, technical testing of С2В-, В2С- and В2В-payments will begin, said Maxim Khrustalev, adviser to the deputy chairman of the bank.

Tinkoff Bank is going to start testing the asset in the near future, VTB announced the readiness of the infrastructure for the pilot.

“Piloting includes integration with the digital ruble platform and the introduction of services, such as opening an individual’s wallet through a mobile application and digital ruble transfers between individuals,” VTB noted.

The first pilot group for testing the digital ruble included 12 banks.

In December, the Central Bank of the Russian Federation announced that a prototype platform for a new asset was ready. The digital ruble as a third form of money is planned to be launched before 2030.

Stay in touch! Subscribe to World Stock Market in Telegram.

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

buy kamagra buy kamagra online $255 payday loans online same day no denial payday loans direct lenders only