{"id":553157,"date":"2023-02-17T16:49:13","date_gmt":"2023-02-17T13:49:13","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/russia-to-roll-out-cbdc-pilot-with-real-consumers-in-april\/"},"modified":"2023-02-17T16:49:13","modified_gmt":"2023-02-17T13:49:13","slug":"russia-to-roll-out-cbdc-pilot-with-real-consumers-in-april","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/russia-to-roll-out-cbdc-pilot-with-real-consumers-in-april\/","title":{"rendered":"# Russia to roll out CBDC pilot with real consumers in April"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a37261cedb6c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a37261cedb6c\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/russia-to-roll-out-cbdc-pilot-with-real-consumers-in-april\/#%E2%80%9D_Russia_to_roll_out_CBDC_pilot_with_real_consumers_in_April_%E2%80%9C\" >&#8221; Russia to roll out CBDC pilot with real consumers in April &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Russia_to_roll_out_CBDC_pilot_with_real_consumers_in_April_%E2%80%9C\"><\/span>&#8221; Russia to roll out CBDC pilot with real consumers in April &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-48054ca8>The Bank of Russia is preparing to roll out the first consumer pilot for the nation\u2019s central bank digital currency (CBDC) on April 1, 2023.<\/p>\n<p>Russia\u2019s central bank is set to soon debut the first real-world digital ruble transactions involving 13 local banks and several merchants, first deputy governor Olga Skorobogatova said.<\/p>\n<p>The official noted that the upcoming CBDC pilot will involve real operations and real consumers in Russia but will be limited to a certain number of transactions and customers, the local <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> agency TASS <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/tass.ru\/ekonomika\/17074007\">reported<\/a>.<\/p>\n<p>\u201cWe plan to launch the digital ruble project on April 1, with transactions involving individual transfers as well as payments in trade and service enterprises,\u201d Skorobogatova stated at the Ural Forum Cybersecurity in Finance. She added that the banks participating in the pilot have technically confirmed their readiness to start testing the digital ruble.<\/p>\n<p>The deputy governor clarified that <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> customers would not be able to participate in the pilot in the first stage, as the banks will enter the pilot with chosen customers. Following the first pilot stage, the Bank of Russia plans to determine how to scale the digital ruble further, Skorobogatova stated.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/05039a79-609e-467e-b189-0cb5fb30e351.jpeg\"><figcaption style=\"text-align: center;\"><em>Bank of Russia\u2019s first deputy governor Olga Skorobogatova. Source: Bank of Russia<\/em><\/figcaption><\/figure>\n<p>The latest announcement by Skorobogatova follows the roadmap for the digital ruble rollout that the central bank officially introduced in June 2022. Initially <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.cbr.ru\/press\/event\/?id=13953\">scheduled<\/a> for 2024, the consumer CBDC pilot was moved to an earlier date as the Russian central bank was looking for an alternative to the SWIFT payments system amid Western economic sanctions against Russia.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Iran and Russia want to issue new stablecoin backed by gold<\/em><\/strong><\/p>\n<p>The news comes amid some Russian officials claiming that the Bank of Russia is considering a potential gold-backed token targeting cross-border transactions. Bank of Russia\u2019s first deputy governor Vladimir Chistyukhin <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.interfax.ru\/business\/886660\">believes<\/a> that such a \u201cgolden token\u201d will help Russia create a new attractive investment product and build a demanded payment method in international settlement.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/russia-to-roll-out-cbdc-pilot-with-real-consumers-in-april\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Russia to roll out CBDC pilot with real consumers in April &#8220; The Bank of Russia is preparing to roll out the first consumer pilot for the nation\u2019s central bank digital currency (CBDC) on April 1, 2023. Russia\u2019s central bank is set to soon debut the first real-world digital ruble transactions involving 13 local&#8230;<\/p>\n","protected":false},"author":1,"featured_media":553158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/22a0fb83-99eb-4283-8930-dff21b9cfa29.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75581,75046,75022,74355,70934,4975],"class_list":["post-553157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bank-of-russia","tag-cbdc","tag-central-bank","tag-adoption","tag-regulation","tag-russia"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/553157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=553157"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/553157\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/553158"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=553157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=553157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=553157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}