Aksakov Receives First Salary in Digital Rubles
The first salary in digital rubles has been paid in Russia. The recipient was Anatoly Aksakov, chairman of the Duma Committee on Financial Markets.Key news and important events about the development of the digital ruble in Russia.
Aksakov Receives First Salary in Digital Rubles
The first salary in digital rubles has been paid in Russia. The recipient was Anatoly Aksakov, chairman of the Duma Committee on Financial Markets.
Digital Ruble Set for Circulation by September 2026
The Russian State Duma has passed a law in its third reading to introduce the digital ruble into circulation starting September 1, 2026, as reported by Interfax. July 23, 2025 | 17:01Update: Russian President Vladimir Putin has signed the law on the implementation of the digital ruble. The relevant document has appeared on the legal […]
Russia Endorses Measures Against Digital Ruble Money Laundering
The Federation Council has approved a law extending AML regulations to participants of the digital ruble platform. On May 20, the State Duma passed the document in its second and third readings. Initially, the bill proposed centralized control over asset transactions by the Central Bank. In the final version, this control is shared between the […]
Duma Committee Endorses Gradual Introduction of Digital Ruble
The draft law for the phased introduction of the digital ruble into broad circulation has received approval from the Russian State Duma’s Financial Market Committee, according to Izvestia. The lower house will review the bill in a session on May 20. According to the publication, the regulator and institutions involved in the pilot are technologically […]
Russians Cautioned Against Digital Ruble Scam
Experts from F6 have uncovered a fraudulent scheme promising passive income through investments in the digital ruble. The scheme is propagated across several websites, all created using a uniform template and registered between March 18 and April 4. On the webpage, users encounter the digital ruble logo and a chatbot with a “personal manager,” who […]
Delay in Launch of Digital Ruble in Russia
The planned July 1 mass launch of the digital ruble has been postponed at the request of participants in the pilot project. This was reported by Interfax, citing a statement from the head of the Central Bank, Elvira Nabiullina. According to her, 15 banks and about 30 companies risk missing the deadline for launching operations. […]
Russia Tests Digital Ruble in Budget Operations
The Bank of Russia, the Ministry of Finance, and the Treasury conducted tests of specific operations with the digital ruble within the budgetary process at the end of 2024, as reported by RBC. Details remain undisclosed, but the Ministry of Finance indicated that the parties are exploring this application of CBDC. However, the ministry emphasized […]
Russia Conducts First Cross-Border Transactions with Digital Financial Assets and Plans QR Code for CBDC
In 2024, Russia conducted its first cross-border transactions with digital financial assets (DFAs), engaging in operations with Belarus. This was reported to Izvestia by Anatoly Aksakov, head of the State Duma Committee on Financial Markets. According to him, the DFA market is expected to experience a breakthrough next year, particularly in the realm of international […]
Putin Confirms Timeline for Digital Ruble Implementation
The digital ruble will be used for transactions within Russia starting in 2025, President Vladimir Putin announced at the VTB “Russia Calling!” forum, as reported by TASS. “As agreed, from next year, digital ruble transactions should be used in the federal budget system, and from July 1, 2025, this capability should be available nationwide,” said […]
Russian Ministry Urges Delay in Digital Ruble Launch
Russian retail networks require a two-year transition period to prepare for operations with the digital ruble, according to the Ministry of Industry and Trade’s response to a bill on initiating transactions in the national currency, reports Izvestia. The ministry believes the timelines set by the regulator are “excessively swift” and pose risks to trade. “It […]
Bank of Russia Considers Unified App for Digital Ruble
The Bank of Russia has received a proposal from the ARB to develop a unified mobile application for digital ruble transactions, aiming to reduce infrastructure costs for the new national currency. This was reported by Vedomosti. The digital ruble is planned to be mandatory for implementation in all banks: those with a universal license by […]
Banks Face Significant Costs to Launch Digital Ruble
Commercial banks will need to invest between 120 million and over 200 million rubles to connect to the national digital currency platform, according to experts interviewed by Kommersant. This includes “costs for infrastructure, ensuring information security, application software, and integration work with existing internal banking systems. As the number of connected clients and transactions grows, […]We use cookies to improve the quality of our service.
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