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Bank of Russia forms first digital ruble testing group

Published 06/30/2021, 04:58 AM
Updated 06/30/2021, 06:40 AM
Bank of Russia forms first digital ruble testing group

The central bank of Russia is setting up a group of banking institutions to test its central bank digital currency (CBDC) next year.

On Tuesday, the Bank of Russia officially announced the establishment of the first pilot group for testing the digital ruble, bringing together 12 Russian banks.

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