Russia Denies Digital Rouble Expiry Rumours In recent weeks, speculation has been swirling around the alleged expiration of digital roubles in Russia. However, senior bank executive Alla Bakina has stepped forward to clarify that these rumors are unfounded. According to Bakina, digital roubles, much like physical cash, remain the property of the wallet holder and […]
Russia eyes digital rouble for welfare payments
Russia’s Plan to Introduce Digital Rouble for Welfare Payments In a groundbreaking move towards modernizing its financial system, Russia is considering the introduction of a digital rouble for the distribution of welfare payments. This initiative is being spearheaded by key players in the Russian financial landscape, including the Ministry of Finance, the Central Bank, and […]