Promsvyazbank confirmed that it has joined the first pilot group to test the digital ruble. Bank Sinara, TCB and DOM.RF have also announced their plans for the project.
Cellular operator MTS has also confirmed its participation in the project.
“MTS Bank is part of the first pilot group of participating banks
James Whitfield is markets correspondent at BTCNews. He spent eight years on the equity desk at Bloomberg London before moving to digital assets in 2020, and now leads our daily coverage of spot prices, derivatives and ETF flows. James reads order books for breakfast and has been quoted in the Financial Times, CityAM and CoinDesk. He is a CFA Level III candidate and is based in the City of London.