The Central Bank announced the date for the appearance of the digital ruble in Russia. According to the regulator, published on its website, this will happen in January 2022.

“The first pilot group for testing the digital ruble has been formed. The group included 12 banks, which expressed their desire to participate in the pilot project and sent corresponding letters to the Bank of Russia, the statement says.

Testing of the digital ruble platform is expected to start in January. Its development is scheduled for completion in December. Testing will take place in several stages over the course of one year. Based on its results, the Central Bank is going to draw up a roadmap for the introduction of the digital ruble.