Russia Delays Digital Ruble Launch to 2026, Focusing on Pilot Testing

The Russian Central Bank has shifted its timeline for the launch of the digital ruble (eDR), pushing it back to 2026. This decision comes after a comprehensive pilot testing phase and consultations with stakeholders, ensuring a thorough evaluation before full-scale implementation. The Central Bank aims to develop this new currency alongside existing non-cash and cash rubles, positioning the digital ruble as a cornerstone of Russia’s financial stability in the face of sanctions.