The Ministry of Finance believes that the pilot test of the digital ruble will be completed as planned. This was reported by TASS Referring to Deputy Minister of Finance Alexei Moiseev.
“It is clear that this will depend on the success of our colleagues at the Central Bank. However, according to what I heard from my colleagues, they are in a fighting mood and want to implement their plans. I hope there will be no delays,” said Moiseev.
According to him, the ministry hopes that the Central Bank will realize its plans to launch a digital currency. Moiseev stated that creating a digital ruble is entirely within the powers of the regulator.
Central Bank and banks group as of August 15 started Test transactions with digital rubles. About 600 people and 30 legal entities from 11 cities of Russia are participating. The Central Bank’s plans envisage the start of mass introduction of digital currency in 2025.
Previously “socialbites.ca” saidHow can you use the digital ruble?