EconomyRussia’s ‘digital ruble’ goes live on September 1: What we know
Russians will be able to pay with digital rubles from September 1, when the law creating the new form of currency takes effect. Issued by the Bank of Russia, digital rubles will equal cash and bank-account rubles, operate through central-bank digital wallets, and be usable for payments and transfers. Transactions will not be anonymous, as the central bank and Rosfinmonitoring can access the data.
Russia’s ‘digital ruble’ goes live on September 1: What we know