Russia Tries Digital Ruble, Here's The Latest Development!

JAKARTA - The Bank of Russia announced the latest news regarding the digital ruble, the digital currency of the Russian central bank (CBDC), which is currently in the national testing phase. According to the Governor of the Bank of Russia, Elvira Nabiullina, this trial is ongoing as planned and will involve more participants and use cases next year.

Dalam sebuah forum, Nabiullina menyatakan bahwa uji coba ruble digital telah dimulai pada bulan Agustus dengan keterlibatan klien dan operasi nyata. Beberapa fungsi utama yang sedang dijiut meliputi pembukaan dompet digital, transfer antar warga, dan pembayaran pembelian melalui kode QR. Hasil dari uji coba ini akan digunakan untuk memperbaiki dan membentas mata uang digital tersebut.

Currently, there are 13 banks involved in this pilot project, which includes activities in various cities in Russia. In addition, retail payments using digital rubles were also tested on Moscow's subways.

According to the Deputy Governor of the Bank of Russia, Olga Skorobogatova, although only 13 banks are involved in the first phase, 16 other banks will join the expansion of next year's pilot program.

The survey results show that more than half of Russian citizens are willing to keep some of their assets in the form of digital rubles. However, only 2% of users surveyed are ready to completely switch to digital rubles.

The Bank of Russia hopes that the digital ruble will be widely accepted in Russia by 2025. This project continues, and further developments will become an important concern in the world of digital currencies. We will continue to monitor its development.