02.01.2026, 09:00
Large-scale implementation of the digital ruble has started in Russia
Source: OREANDA-NEWS
OREANDA-NEWS The large-scale introduction of the digital ruble into the budget process and the banking sector started in Russia from the beginning of 2026. This is reported by RIA Novosti.
The digital ruble is already available for transfers to budgets and transfers of funds to federal institutions. And by the beginning of autumn, on September 1, the largest banks and large trading companies that are their clients should provide everyone with the opportunity to make transactions with digital rubles.
For other universal banks and large clients, this obligation will arise later — from September 1, 2027, for other banks and trading companies from September 2028.
The digital ruble is a new form of the Russian national currency, but it does not cancel or replace existing cash and non-cash forms.
Earlier, the Bank of Russia decided to set zero fees for transactions from digital ruble accounts of citizens and companies in favor of the state starting from January 1, 2026.
The digital ruble is already available for transfers to budgets and transfers of funds to federal institutions. And by the beginning of autumn, on September 1, the largest banks and large trading companies that are their clients should provide everyone with the opportunity to make transactions with digital rubles.
For other universal banks and large clients, this obligation will arise later — from September 1, 2027, for other banks and trading companies from September 2028.
The digital ruble is a new form of the Russian national currency, but it does not cancel or replace existing cash and non-cash forms.
Earlier, the Bank of Russia decided to set zero fees for transactions from digital ruble accounts of citizens and companies in favor of the state starting from January 1, 2026.
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