Russia starts digital ruble trials

Sanctioned banks are participating in CBDC pilot

Central Bank of Russia
Photo: Ludvig14/Wikimedia Commons

The Bank of Russia said it is launching its central bank digital currency pilot today (August 15), after digital ruble legislation passed by the State Duma came into effect on August 1.

Thirteen banks are participating and a limited number of their clients, the Bank of Russia announced in a press release. The list of banks involved includes some that are subject to sanctions. The pilot includes 30 points of sale across 11 cities. 

The central bank said in July that individuals will be able to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account