Russia's plan to launch a digital ruble, like a digital version of their money, has been delayed! This digital money is called a CBDC (Central Bank Digital Currency). The delay is because banks and businesses had some worries.
- Banks were concerned about losing customers' money.
- Setting up the digital ruble is expensive for banks.
- The original plan was to launch in July 2025, but that's changed.
| Issue | Detail |
|---|---|
| Original Launch Date | July 2025 |
| Estimated cost per bank | 100 million rubles ($1.1 million) |
| New Launch Date | Not yet set |
