Russia Eyes Mass Digital Ruble Production by July Next Year
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Russia has announced big plans for the digital ruble. Banks, users, and businesses are testing digital currency. If everything sails smoothly, the digital ruble could enter “mass production” next year. The Bank of Russia is ready to take the digital ruble from “pilots’ to mass production in 2025, a state-run news agency reported Monday. The development comes after Russian President Vladimir Putin on July 17 urged for the “full-scale implementation,” of the digital currency, citing the proven efficiency and functionality of the digital ruble within the pilot’s framework. Russia launched the pilot program in 2023. Russia’s Digital Ruble Mass
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