According to Tsarev, Sberbank plans to launch the first test operations with the digital ruble as early as 2025. This step is one of the stages in the development of digital financial technologies and strengthening the bank’s position in this field.

Participation in the digital ruble pilot program will allow the bank to explore and adapt new technologies for the future implementation of digital currency in the market.

Earlier, Deputy Minister of Finance Alexey Moiseev described the digital ruble as the future cash currency of the 22nd century during the international customs forum. He believes that the digital ruble should replace money and provide ease of use offline without access to the Internet.

Source: Ferra

Previous articleStanley cup to give as a gift: 6 options with up to 36% off at Amazon
Next articleHere we go: After Telegram, social network TikTok was also fined in RussiaScience and technology16:39 | 06 December 2023
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

LEAVE A REPLY

Please enter your comment!
Please enter your name here