According to Odaily Planet Daily, the Russian Ministry of Industry and Trade has suggested extending the timeline for the launch of the digital ruble by two years to align with the timeline for small retailers.
In October, the Bank of Russia announced the timeline for the launch of the digital ruble, planning for a large-scale rollout on July 1, 2025, by which time the largest banks and retailers must support the central bank digital currency (CBDC).
Retailers with a turnover exceeding 30 million rubles must support the CBDC before the deadline, while those with income between 20 million and 30 million rubles can receive an additional year, and small companies can receive an additional two years.
The ministry pointed out that the operational rules for the digital ruble have not yet been clarified, and retailers need more time to prepare and adjust their point-of-sale software. Trade organizations agree with this view, recommending at least a two-year transition period.
