Russia's Central Bank Governor: Large-scale rollout of digital ruble will take five to seven years

Elvira Nabiullina, the head of the Russian Central Bank, stated that the large-scale launch of the digital ruble will take five to seven years, and the pilot phase of the digital ruble will be extended, but any decision regarding large-scale expansion will not be made before 2025. This seems to contradict the recent proposal by the Chairman of the Financial Market Committee of the State Duma to begin the launch next year.