Russia opened digital ruble access to customers of connected banks on Sept. 1, moving its central bank digital currency (CBDC) beyond restricted pilot access as major banks and the first covered retailers activate payment infrastructure.
The Bank of Russia said on Aug. 31 that individuals will be able to open a digital-ruble wallet through a participating bank's mobile app. The wallet itself sits on the central bank's platform, while commercial banks provide the access point for customers.
Customers must confirm that their bank is connected to the system before attempting to use the service. The central bank has stated that consumer participation in the digital ruble remains voluntary.
