Putin Gives Nod to Digital Ruble: Russia’s CBDC on the Horizon
Reportedly, Russian President Vladimir Putin has approved a new bill regarding a central bank digital currency (CBDC), leading to the forthcoming launch of a digital ruble.
Reportedly, Russian President Vladimir Putin has approved a new bill regarding a central bank digital currency (CBDC), leading to the forthcoming launch of a digital ruble.
Russian President Vladimir Putin has signed a bill that will introduce a digital version of the ruble, after the effort was initially sanctioned by the Duma on July 11, 2023.
Russian citizens will not be forced to use the digital ruble, and use of the CBDC will be a voluntary choice for people to make, Bank of Russia governor said…
The Central Bank of Russia (CBR) is already discussing the integration of its central bank digital currency (CBDC), the digital ruble, with other countries’ payment systems. Elvira Nabiullina, Governor of…
As Russia faces international isolation over its war with Ukraine, the country prepares to introduce Digital Ruble, joining other countries to experiment with its electronic money. On Wednesday, July 19,…
According to multiple local media reports and the Russian government itself, the Duma has approved a law that will introduce a digital ruble.
Olga Skorobogatova, first deputy chairman of the Central Bank of Russia, indicated that the launch of the digital ruble, the Russian central bank digital currency (CBDC), could happen in 2025.
The digital ruble law project, which was already discussed and approved in its first reading, could be passed in June, according to Anatoly Aksakov, chairman of the Duma’s Financial Markets…
Russia’s State Duma delegates approved the package of bills related to the digital ruble in the first reading.
Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and…