
© Reuters. FILE PHOTO: A Russian state flag flies over the Central Bank headquarters in Moscow, Russia May 7, 2023. REUTERS/Shamil Zhumatov/File Photo
(Reuters) – Russia will start testing a digital version of its rouble currency with consumers from August, the Interfax news agency reported on Tuesday, citing the central bank.
Russia, like many countries, has been developing digital money over the last couple of years in a bid to modernise its financial system and head off cryptocurrencies like bitcoin.