Logo of digital ruble designed
The Bank of Russia Board of Directors has approved the logo of the digital ruble, a new form of the national currency. The logo is made of two elements: the symbol of the ruble and the circle around it that repeats the form of a traditional coin, on the one hand, and resembles the Bank of Russia’s logo, on the other hand.
The logo of the digital ruble will be integrated into mobile banking apps through which users will be able to open their digital wallets and conduct transactions with digital rubles.
The main colours of the logo are coral red and white: a white image against the coral red background and vice versa.
The digital ruble is the third form of the national currency that will be issued in addition to cash and non-cash rubles. Digital rubles will become another means of payments and money transfers. Individuals and companies will be able to choose on their own which of the three currency forms they prefer in particular cases.
The Bank of Russia began to develop the digital ruble in 2021. This August, the regulator plans to start pilot testing of the digital ruble on real transactions with the participation of a limited number of clients of 13 banks.