Russia Delays Launch Of Digital Ruble CBDC

According to PANews, the Central Bank of Russia has postponed the launch of its digital ruble central bank digital currency (CBDC), initially scheduled for July 2025. The announcement was made by Central Bank Governor Elvira Nabiullina during a meeting with the Association of Russian Banks (ASROS). Despite the delay, Nabiullina noted that the pilot program is progressing well. She emphasized that the goal is to begin the large-scale implementation of the digital ruble slightly later than planned, after finalizing all pilot details and consulting with banks on the most attractive economic model for their clients, including businesses and individuals. A new timeline has not been established, and the central bank has not mentioned the delay on its website.