Russian Central Bank: Digital Ruble to Launch in September 2026

BlockBeats News, June 27th, according to Cryptonews, the Bank of Russia announced that the country's Central Bank Digital Currency (CBDC) Digital Ruble will be officially launched nationwide on September 1, 2026. Russia's largest commercial bank expects to start offering its customers full-fledged CBDC transaction options from September next year, while small and regional banks will follow suit in September 2027.

The Bank of Russia has submitted a draft law to the State Duma, hoping to quickly incorporate its requirements for the banking industry into Russian law. Legislators had previously stated that the Russian CBDC would be interoperable with digital currencies issued by other BRICS countries and could potentially be used in the field of cross-border trade to help Russian traders bypass sanctions.