The Russian government is reportedly keen on issuing digital ruble benefits payments, but experts think major adoption hurdles may yet hamper Moscow’s CBDC launch. The report was published by the newspaper Rossiyskaya Gazeta. The newspaper claimed that the nation’s Central Bank, the Federal Treasury, and the Ministry of Finance were “discussing” making “social payments using the digital ruble.” This follows reports in Russia that the trio “successfully” tested the digital ruble in “budgetary operations” behind closed doors “at the end of 2024.” The bank has committed to rolling out the CBDC sometime this year.
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