Posted on

Digital ruble will become legal tender in Russia before 2030 – Finance Ministry



Share

The launch of the digital ruble by the Central Bank of Russia will be one of the key digitization projects this decade, according to the Russian finance ministry.

“One of the key projects in the sector of digitalization in the future before 2030 will be the launch of the digital ruble – the third form of money issued by the Bank of Russia,” said the Russian Ministry of Finance.According to the ministry, the introduction of the digital ruble will contribute to further development of the payment infrastructure, increase competition, and help spread new innovative financial instruments. It also promises to increase …

Read More