Russia is preparing for the widespread use of the digital ruble… (цифровой · банк · сентябрь)
Russia is preparing for the widespread use of the digital ruble starting September 1, with systemically important banks and large trading enterprises set to connect first. The Central Bank of Russia (CBR) has completed preparatory work, and the project remains under development.
Consensus
- Russia is preparing for widespread use of the digital ruble starting September 1
- Systemically important banks and large trading enterprises will be the first to connect
- The Central Bank has completed preparatory work
- The digital ruble is a third form of national currency alongside cash and non-cash money
Points of divergence
- Anatoly Akasakov, the first person in Russia to receive his salary in digital rubles, reported using them for payments at a café that accepts the currency experimentally. — vm
- The CBR is discussing the possibility of opening digital wallet accounts on bank balances rather than only on the regulator's platform and considering smart contracts for business use. — kommersant
- The project is still in development stage, and discussions with banks continue about necessary functionality and possible changes. — gazeta_spb
Coverage (5 sources)
- Russia Ready for Widespread Use of Digital Ruble from September - SPb.ru News — Gazeta.SPb
- Nabiyulina: All is ready for the digital ruble to be used from September 1 — Вечерняя Москва
- Naibiulina: Everything is ready for the use of the digital ruble from September — Коммерсантъ
- Central Bank declares readiness to launch digital ruble in September — Вести
- Central Bank of Russia is 'heating up' discussions on using stablecoins in international settlements — Вести