Russia Opens Digital Ruble Access at 12 Major Banks
Major banks and retailers must support the digital ruble from September 1 while consumer use stays voluntary.
Major banks and retailers must support the digital ruble from September 1 while consumer use stays voluntary.
CryptoSlate reported that Russia’s digital ruble is now available through 12 major banks covering more than 80 percent of the payments market. The linked CryptoSlate article states that banks and qualifying retailers must support the currency starting September 1. Consumer participation remains optional with no automatic wallet creation. The report describes rollout rules that require covered retailers to activate payments while leaving use voluntary for individuals.
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Major banks and retailers must support the digital ruble from September 1 while consumer use stays voluntary.
CryptoSlate reported that Russia’s digital ruble is now available through 12 major banks covering more than 80 percent of the payments market. The linked CryptoSlate article states that banks and qualifying retailers must support the currency starting September 1. Consumer participation remains optional with no automatic wallet creation. The report describes rollout rules that require covered retailers to activate payments while leaving use voluntary for individuals.