In a recent statement, Nabiullina emphasized that the timeline for scaling the digital ruble would depend on the outcomes of the ongoing pilot project. She stressed that regardless of the project’s results, substantial scaling would not take place before the specified timeframe. Nabiullina outlined the plan to expand the pilot project on the digital ruble and stated that the timelines for significant scaling of the digital ruble would be determined based on the results of this expansion.
Russia’s central bank anticipates complete CBDC implementation after 2029.
