Olga Skorobogatova

The Bank of Russia is gearing up for its digital ruble pilot test slated for Aug. 15, with all 13 banks that expressed interest in the pilot confirming their readiness. Olga Skorobogatova, the first deputy governor of the Bank of Russia, stated that these banks have finished the necessary...

Russia's First Deputy Chairman of the Central Bank Olga Skorobogatova announced on Friday that the Bank of Russia is set to begin a pilot project on real transactions with the digital ruble starting April 1. Skorobogatova was speaking on the sidelines of a fintech...

Russia's Central Bank announced that it has already conducted the first tests of its central bank digital currency (CBDC), often referred to as the "digital ruble." What Happened: Bank of Russia announced on Tuesday that it officially launched the trial of its CBDC,...