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Russia , Thursday 16 July 2026

Russia rolls out digital ruble as Kremlin tightens financial control

Published on: Thursday 02 July 2026

Russia rolls out digital ruble as Kremlin tightens financial control Starting Sept. 1, all 12 systemically important banks must process digital ruble transactions, and major retailers will also accept the currency as payment. “Technologically, everything is ready. We did a great deal of preparatory work before this stage,” Nabiullina said. It is unclear which other banks will work with the digital ruble. The Central...


News source: https://www.msn.com/en-us/money/markets/russia-rolls-out-digital-ruble-as-kremlin-tightens-financial-control/ar-AA2782rV

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