Odaily Planet Daily News The Central Bank of Russia announced that the country's central bank digital currency (CBDC) digital ruble will be officially launched nationwide on September 1, 2026. Russia's largest commercial bank is expected to provide customers with a full range of CBDC transaction options from September next year, and small and regional banks will follow in September 2027.
The Central Bank of Russia has submitted a draft bill to the State Duma, hoping to quickly incorporate its requirements for the banking industry into Russian law. Legislators previously stated that Russia's CBDC will be interoperable with digital currencies issued by other BRICS countries and may be used in the field of cross-border trade to help Russian traders avoid sanctions. (CryptoNews)