Russia unveils plans for digital ruble, domestic payment system ...News

The central bank plans to launch digital ruble by 2023 and expand the use of its MIR payment card The Bank of Russia announced on Thursday it plans to have a digital ruble ready by next year and capable of making international payments. It also aims to expand the number of countries that accept Russian Mir banking cards. “The digital ruble is among the priority projects,” central bank governor Elvira Nabiullina told the lower House of Parliament. “We have fairly quickly created a prototype ... now we are holding tests with banks and next year we will gradually have pilot transactions.” The concept of a national di

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