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Russian authorities are gearing up to soon put the digital ruble in test mode, announced the head of the executive power in Moscow. The news coincides with preparations to adopt a law, which, while legalizing cryptocurrencies, will also subject operations with them to strict control by the state. Russian government to begin testing the digital ruble The federal government in Russia will start trials with the digital ruble in real use, Prime Minister Mikhail Mishustin announced in front of lawmakers. Testing of the state-issued coin will commence in the near future and will be carried out together with the country’s central bank and finance ministry. Mishustin broke the news in a speech to members of the State Duma, the lower house of the Russian parliament, who are currently reviewing his cabinet’s annual report. Quoted by the official TASS news agency and Interfax, the Russian premier stated: “Regarding the digital ruble, my colleagues from the Bank of Russia and the Ministry of Finance and I will now begin actively testing it.” Mishustin stressed “this is a complex matter,” adding authorities should be “extremely careful.” They must first build the necessary infrastructure and then assess transactions before determining the “volumes and methods of using it,” he elaborated. The digital version of the ruble is a central bank digital currency (CBDC) issued by the Central Bank of Russia (CBR). It’s the third form of national fiat, after cash and electronic “bank” money. It has been in the making for several years now, with a pilot involving a limited number of participants underway since August 2023. Its release for public use was initially planned for mid-2025 but was later postponed by a year. Following a call from President Putin for mass adoption last spring, Russia’s monetary authority scheduled its launch for the fall of…

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Filed under: News - @ February 25, 2026 8:24 pm