• About Us
  • Careers
  • Contact
No Result
View All Result
Friday, September 26, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result

Selected Consumers to Participate in Russia’s CBDC Pilot Program Set to Launch in April

17 February 2023
in Latest News, News
Reading Time: 3 mins read
101 7
Home News Latest News

Olga Skorobogatova, the first deputy governor of the Bank of Russia, announced at an Economic Conference that 13 local banks and some merchants would be conducting the first actual digital ruble transactions on April 1, 2023. This will mark the first consumer pilot for the nation’s central bank digital currency (CBDC).

According to Skorobogatova, the digital ruble initiative will begin on April 1 with individual transactions and payments in businesses engaged in commerce and service provision. However, general customers will not be allowed to participate in the trial’s first phase, which will only involve selected customers from the 13 banks that have passed technical and operational assessments. 

Skorobogatova stated:

“I will immediately draw your attention to the fact that the pilot will go on real transactions, real customers, but for a limited number of transactions and for a limited number of clients.”

The Bank of Russia intends to scale the digital ruble further after the initial test phase. This pilot test is in line with the central bank’s schedule for introducing the digital ruble, which was unveiled formally in June 2022. The CBDC trial was pushed from 2024 to an earlier date to seek a replacement for the SWIFT payments system. 

Meanwhile, Japan revealed earlier today that its CBDC pilot program would begin in April 2023, with the aim of testing a CBDC ecosystem model and involving private firms. The pilot test will advance research into the technical viability of the digital yen and will only include simulated retail transactions, with no genuine transactions being conducted.

 

If you would like to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Don't miss out!

Subscribe To Our Newsletter

Receive top education news, lesson ideas, teaching tips and more!
Invalid email address
Give it a try. You can unsubscribe at any time.
Thanks for subscribing!
Share63Tweet39Share11
Previous Post

CTL Partners With Ecodrive to Plant a Blockchain Verified Tree for Every Online Order

Next Post

Sui Ecosystem Gets Support From BitGo As First Custodian

Favour Udeo

Favour Udeo

Favour is a writer, who is interested in blockchain, DeFi, and Web3 in general. She finds machine learning and emerging technologies interesting.

Related Posts

source: cryptowave.co.id
Crypto

AlphaTON Capital Corp Secures $71 Million Financing and Advances TON Token Acquisition

26 September 2025
source: theblock.co
Regulation

SEC and FINRA Investigate Unusual Trading Before Crypto Treasury Deals

26 September 2025
source: financefeeds.com
Crypto

UK Banks Launch Tokenized Deposit Pilot to Modernize Money and Payments

26 September 2025
source:
Regulation

DBS Signals Strategic Shift as Hong Kong’s Stablecoin Rules Take Effect

26 September 2025

Editors Picks

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

byOlajumoke Oyaleke
15 July 2025
0

Where Are the Ethereum-Killers Now?

Where Are the Ethereum-Killers Now?

byOlayinka Sodiqand1 others
6 January 2025
0

source: investorplace.com

How to Find the Newest Cryptocurrencies Before They’re Listed

byOlayinka Sodiq
30 December 2024
0

Exploring the Role of AI in Enhancing DeFi Security

Exploring the Role of AI in Enhancing DeFi Security

byOlayinka Sodiq
1 October 2024
0

The Ultimate Guide to How NFT Royalties Work

The Ultimate Guide to How NFT Royalties Work

byAdedamola Ojedokun
17 April 2024
0

Read More

Chain of Thoughts

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Are Stablecoins Bank Deposits?

Are Stablecoins Bank Deposits?

byOlu Omoyele
31 May 2025
0

...

Markets Update

Network Tokens on the Edge: Commodities vs Securities and the SEC’s Next Big Move

1 day ago

Tether Eyes $20B Fundraise at $500B Valuation

2 days ago

Do Tokenized Stocks Confuse Investors? Risks You Should Know

6 days ago

Can Europe’s Stablecoin Ambitions Withstand Pressure From the US and China?

1 week ago

Your Weekend Crypto Roundup | September 2025 (Week 3)

1 week ago

Crypto, Privacy, and Judicial Authority in the United States

1 week ago
Read More

Events

Korea Blockchain Week 2025
Korea Blockchain Week 2025
22 Sep 25
Seoul
Blockchain Life 2025
Blockchain Life 2025
28 Oct 25

Spotlight

All about Ethereum
All about Algorand
All about Bitcoin
All about Gora

Press Releases

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves and Opportunities

bychainwire
26 September 2025
0

LYS Labs Moves Beyond Data and Aims to Become the Operating System for Automated Global Finance

bychainwire
26 September 2025
0

Dexari Unveils $1M Cash Prize Trading Competition

bychainwire
26 September 2025
0

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment to Compliance

bychainwire
25 September 2025
0

Phemex Revamps Blog to Deliver Deeper Insights and Enhanced Reader Experience

bychainwire
25 September 2025
0

Read More

ADVERTISING

ABOUT

TEAM

CAREERS

CONTACT

TERMS & CONDITIONS

PRIVACY POLICY

© Copyright 2025 DeFi Planet

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.

Add New Playlist

No Result
View All Result
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Market Analysis
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer

© Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00