Designer of the Russian Digital Ruble Set to Leave

Odaily Planet Daily News - The Central Bank of Russia has announced that First Deputy Governor Olga Skorobogatova will leave her position on December 2. She worked in the private sector before joining the central bank in 2014. Skorobogatova was responsible for overseeing the national payment system, IT, and financial technology, including the digital ruble central bank digital currency (CBDC). Her position will be taken over by the bank's IT director Zulfiya Kakhrumanova. First Deputy Governor Dmitry Tulin will oversee the national payment system. The digital ruble is scheduled for a large-scale launch in July 2025, at which point major banks will be required to support the CBDC. A second group of banks was originally planned to join the program in January 2024, but this has not yet been achieved as of October.