The Central Bank of Russia proposed a plan last week that requires major banks in the country to provide customers with the opportunity to conduct transactions in digital rubles by July 1, 2025, including opening digital ruble accounts, cash deposits, fund transfers, and receiving digital rubles through relevant infrastructure.

The news service department of the Russian Central Bank stated in a press release that the regulatory agency has submitted a proposal to the Ministry of Finance to amend relevant laws. It wrote:

The regulatory agency plans to promote the large-scale use of digital national currencies from that moment on. Importantly, the digital ruble can be used by individuals and businesses, and can be freely used like other forms of ruble (physical currency or bank deposits)

The regulatory agency added that other banks with general licenses have more time to adjust their systems (before July 1, 2026), while other credit institutions must ensure compliance before July 1, 2027. The Russian central bank also plans to set a deadline for mandatory acceptance of digital ruble payments for trade and service companies (TSC).

The regulatory agency pointed out that after the large-scale implementation of digital rubles, banks and TSCs will be able to start accepting digital rubles when the relevant infrastructure is ready, including before the deadline recommended in the document. Shopping payments in digital rubles will be made using a universal QR code based on The National Payment Card System, which will help banks and TSCs avoid additional costs.

According to TASS, the Russian state media, the Russian central bank has been conducting a pilot project for the actual digital ruble since August 15, 2023, and expanding the pilot from September 1, 2024. The number of participants has also increased several times as the new phase begins.

Related reports: Bloomberg: Russia will start piloting cryptocurrency payments and exchanges to ease payment difficulties for businesses caused by sanctions. Putin: Digital currencies have a future and must be legislated at the right time

(责任编辑：财富观察)

• ·Former FTX CEO SBF appeals, criticizing judicial injustice and calling for a retrial
• ·以太币还能挖多少
• ·火币网提币时间
• ·小瑞波今日行情
• ·青岛市的住房公积金贷款的利率是多少呢？
• ·小规模缴纳增值税的会计分录怎么写
• ·LayerZero collaborates with multiple institutions such as a16z to launch the lzCatalyst program, supporting the development of ecological protocols
• ·智通财经港股11月投资策略及十大金股
• ·应收账款的超期利息怎么处理
• ·反撸周期下的突围：撸毛工作室的新生存之道
• ·光大银行信用卡阳光银联金卡审批通过多久下卡啊，怎么查询进度啊？
• ·公积金抵押贷款的利率-公积金抵押贷款的利率是多少
• ·青岛市的住房公积金贷款的利率是多少呢？
• ·寻道大千山海怎么打低 寻道大千世界笔趣阁
• ·小规模企业拿不到成本发票怎么做账
• ·btcchina交易平台