Putin signs legislation on introduction of digital ruble in Russia

Putin signs legislation on introduction of digital ruble in Russia

Russia is transferring forward with its central bank digital forex (CBDC) as President Vladimir Putin signed the digital ruble bill into legislation on July 24, in accordance to an legitimate authorities report.

With this approval, the digital ruble legislation is formally scheduled to take attain from Aug. 1, 2023, with all nonetheless one rule ready to be enforced.

<em>Most up-to-date inclinations within the digital ruble bill. Source: Russia&rsquo;s legislative project machine</em>

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