• The tax code now contains a definition of "digital ruble account" and has rules for the taxation of transactions with digital rubles.
  • Another bill integrating the digital ruble into the country's tax regulation and control system is currently working its way through the parliament.
  • Two banks out of the 12 in Russia successfully completed a full cycle of digital ruble transfers between clients using banking mobile applications.
  • Let’s get back to the question, “Will digital ruble ever be released?” There is no right or wrong answer when it comes to the future of the digital ruble.
  • What’s happening with the digital ruble. 2025–2027 might still seem far away, but the Central Bank of Russia is preparing its CBDC for mass adoption by then.
  • The Central Bank of Russian Federation has been developing the country's first central bank digital currency – the Digital Ruble for several years.
  • Thanks to the unique character of a digital ruble clients will be able to access their digital wallets via mobile applications of their respective banks.
  • “Sanctions limited the ability of Russian businesses and the state to use the dollar and euros. The Digital Ruble in this case isn’t helpful at all.
  • The Digital Ruble is expected to operate like the Russian ruble in digital and encrypted form. It has the same price as the ruble and has an exchange rate of 1:1.
  • This photograph taken in Moscow on August 15, 2023, shows the logo of a new Russian digital ruble displaying on a smartphone screen.