The Bank of Russia said on Tuesday it intends to test the digital ruble with real clients on real transactions in August.
"The law on the digital ruble has been adopted. Now we need to adopt the necessary regulations. And we expect to do this as soon as possible. We plan to start a pilot with real digital rubles in August," the central bank told TASS.
The announcement comes after the Russian State Duma adopted a law that creates the basis for the creation and use of a digital version of the currency. The bank had initially planned to launch the digital ruble pilot project with "real customers" and 13 banks in April but was forced to delay it because the necessary regulation had not been passed.
