Digital ruble launches with 'dopamine' red logo
Starting September 1, Russian citizens can open digital wallets for the digital ruble through major banks' apps, with a bright 'dopamine' red logo and a monthly top-up limit of 300,000 rubles. All operations for individuals will be free.
Consensus
- The digital ruble will launch on September 1.
- The logo for the digital ruble in banking apps will be bright red.
- The color is referred to internally as 'dopamine' by the Central Bank.
- All systemically important banks in Russia are ready for the launch.
- Individuals can open only one digital wallet.
- There will be a monthly limit of 300,000 roubles for topping up the digital wallet from a non-cash account.
- All transactions for Russian citizens using the digital ruble will be free.
- The digital ruble is a new form of national currency, equal in status to cash and non-cash money.
- The Central Bank will issue digital rubles on a dedicated platform.
- The use of the digital ruble will be voluntary for citizens.
- Large retail chains with annual revenue over 120 million roubles will begin accepting digital rubles in September.
- Smaller retailers will follow later.
Points of divergence
- Anatoly Aksakov, a member of the State Duma, received his salary in digital rubles and used them to donate to a children's charity and pay at a café. — vm
- Digital ruble will be accepted by large retail chains with annual revenue over 120 mln rubles starting in September, with smaller retailers to follow later. — vedomosti
- To pay with digital rubles, users must scan a QR code via the bank app, select digital ruble as the payment method, and confirm the transaction. — tg_sotavisionmedia
Coverage (9 sources)
- Central Bank: digital ruble will have 'dopaminergic' color — РИАМО
- Director of the Central Bank's Department of Bakina: The color of the digital ruble will be bright red — Вечерняя Москва
- What color will the logo of the digital ruble be — Дождь
- Digital ruble will get a 'dopaminergic' color — Ведомости
- Central Bank assigned the digital ruble logo the color 'dopaminergic bright red' — Коммерсантъ
- Logo of the digital ruble in bank apps will be 'dopamine' color, Central Bank officials say — Дождь (Telegram)
- Digital ruble will be bright red "dopamine" color — Central Bank — SOTAvision
- Digital ruble assigned "dopamine" color — Вести
- «Dopamine» color for digital ruble chosen by Central Bank — Новости Москвы
Key entities
- CB
- Alla Bakina
- RIA Novosti
- Bank of Russia
- Moscow
- Russia
- Central Bank
- Central Bank
- Bank of Russia (Central Bank of the Russian Federation)
- Dopaminergic