Russia delays CBDC launch to finalize economic model with banks

Russia is working on its own digital money, like a special kind of electronic ruble! It's like having digital cash, but run by the government. They're testing it out right now.

This new digital ruble is exciting, but it's taking longer than expected to get it ready for everyone to use. The government wants to make sure it works well for banks and people.

They're delaying the big launch to fix some things and talk to banks about how it will all work.

• The digital ruble is being tested by some banks and people.
• The launch was planned for July 1st, but it's been pushed back.
• The government wants to make sure it's good for everyone.