Digital Ruble
Bank of Russia Governor Elvira Nabiullina said major banks and retailers are on track to begin accepting the digital ruble by September 1. A law enabling the central bank to issue the digital ruble is scheduled to take effect on that date. The transition period is set to run until July 2027.
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Building on exchanges' readiness for crypto trading, Russia's central bank details limits for retail investors and phases in the digital ruble, aiming for greater market transparency amid ongoing regulatory approvals.