The Central Bank expects the digital ruble to become a common payment instrument by 2025 17:19

Digital ruble was created as an analogue of cash, the use of which allows you to avoid high commissions from commercial banks. In this respect reported First Deputy Governor of the Central Bank Olga Skorobogatova during an online lesson for schoolchildren.

According to him, non-cash payments are now linked to bank accounts and they earn money from user transactions. And the digital ruble on the Central Bank platform will be like money in a wallet, without being tied to the bank.

Additionally, the digital ruble will make it possible to make payments with other countries that will introduce their own digital currencies. Skorobogatova announced that agreements should be made with China, India and the UAE for this.

The digital ruble has become an additional means of payment in Russia since August 1, 2023. Central Bank in mid-August announced The beginning of a test period in which payments will be made between 13 banks selected by the regulator and a limited number of natural and legal persons. According to the Central Bank, the test period will allow us to understand all the intricacies of the interaction between banks, organizations and individuals. By 2025, the digital ruble should become accessible to every citizen of the Russian Federation.

Previously “socialbites.ca” saidHow can you use the digital ruble?



Source: Gazeta

Popular

More from author

Washington reported Israel to be ready to release Hamas hostage 23:44

The United States told Israel that Hamas's radical Palestinian movement would release one of the hostages held in the gas industry as a gesture...

They caught a man trying to kidnap the girl in the Rostov region in Kalmykia 23:37

In Kalmykia, the police managed to detain the suspect in an attack on the girl on the way to Volgodonsk. About it Telegram-Chanal Russian...

In Minsk, the Belarus Army said that he would soon receive a new plane from the Russian Federation.

Belarus's armed forces will soon receive the first Russian Su-30SM2 fighters. Republican Air Force and Air Defense Forces Commander, Major General Andrei Lukyanovich announced...

A substance was found in vegetables and fruits that maintain the elasticity of blood vessels 21:05

Scientists from the University of Linz found the compound in vegetables and fruits due to the accumulation of calcium on the walls of the...