Public CBDC Use by 2025: Russia Pushes Digital Ruble Mandate on Banks and Businesses

Russia’s central bank, the Bank of Russia (BoR), has announced plans to launch digital ruble services for public use by 1 July 2025, as reported by Jordan Finneseth for Kitco News on September 16. By that date, major banks will be required to offer digital ruble accounts and facilitate transactions, including transfers and deposits. The […]