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：财经专题)

• ·Tradoor完成320万美元融资将推文本交易功能
• ·10月31日富国稳进回报12个月持有期混合C净值下跌0.19%，近1个月累计下跌1.97%
• ·跨年法定盈余怎么调整
• ·10月31日易方达蓝筹精选混合净值下跌0.92%，近1个月累计下跌7.66%
• ·小规模劳务派遣如何差额开票
• ·上月多余增值税怎么抵扣
• ·上汽通用汽车金融做车贷审核需要多久呢？
• ·10月31日中银证券健康产业混合净值下跌0.58%，今年来累计下跌20.62%
• ·德银股票
• ·OKX|苹果手机安装欧义欧易OKX电脑版下载详细教程
• ·Bancor控告Uniswap八年侵权AMM专利，遭反击：浪费资源
• ·虚拟币交易平台有哪些
• ·2018京东白条激活失败是为什么，我试了好几次都不行
• ·什么是权益证明（POS）？如何区分POS和POW？
• ·苹果火币交易版
• ·10月31日汇添富稳健睿享一年持有混合C净值下跌0.17%，近1个月累计下跌0.68%