Bank of Russia President Elvira Nabiullina shared on Wednesday on the sidelines of the Finopolis forum that the central bank is aiming to implement the digital ruble on a larger scale in 2025.
"Currently, testing of the digital ruble is going according to plan. Our plans next year are to expand this pilot both in the number of participants and in the types of operations. For now, our plans are to move to a more widespread implementation in 2025," she explained.
The bank started testing its digital currency on August 15.