The launch of Russia’s digital ruble has been postponed to mid-2026 as the Central Bank continues to address technical and regulatory challenges in collaboration with major financial institutions.
Initially set for July 1, 2025, the delay was confirmed by Central Bank Chairperson Elvira Nabiullina, who did not provide a specific new date. Deputy Chairperson Zulfiya Kakhrumanova highlighted that the postponement was due to issues related to technological independence, with each bank facing distinct implementation hurdles.
According to banking executives quoted by Frank Media, the delay in launching the digital ruble is attributed to concerns over transaction security during power outages and challenges with database management in automated banking systems, especially during the transition from Oracle-based solutions. While the Central Bank has not officially confirmed a 2026 timeline, it is actively discussing the best economic model for clients.
Despite the delay, the digital ruble pilot program is making steady progress. Speaking at the “Simply Capital” forum on April 1, Central Bank official Alla Bakina stated that the platform had proven its functionality, with no major technical or legal roadblocks identified.
Participation in the pilot has expanded significantly, with individual users increasing from 500 to 2,000 and business participants rising from 30 to 50. More than 55,000 transactions have been recorded, including successful trials for tax and fine payments. According to the report, the Central Bank plans to integrate digital ruble transactions into the e-commerce sector.
Legal experts indicate that the Central Bank will hold primary responsibility for digital ruble transactions, as it issues the currency directly, making it a liability of the Central Bank under Russia’s Civil Code. This marks a second delay in its rollout, as the Bank of Russia seeks to refine the pilot program and develop a strong economic framework to benefit both financial institutions and customers.
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