Sberbank calls for postponement of issuance of digital ruble
Russia has previously announced that it has advanced legislation to set the issuance date of the digital ruble as July 1, 2025, but representatives of Sberbank have called for a delay in the issuance of the digital ruble because the relevant central bank digital currency (CBDC) platform is still under development. It is reported that Sberbank's deposit market share accounts for about 45% of the entire Russia. If the bank is not ready, it may affect the issuance of the digital ruble.