Russian banks are taking part in tests of domestic digital currency (CBDC). At the end of August, Promsvyazbank announced that an option to process cryptocurrency transactions had been integrated into its mobile app.
Bank of Russia is preparing for the next stage of CBDC tests, which will start in the near future, reported “Izvestia”.
Rosselkhozbank, Moscow Credit Bank and Lighthouse, a fintech company, applied to participate in the testing of new token options.