Russia: Adopted Bill No. 270838-8 establishing the legal framework for the introduction of the digital ruble
Description
Adopted Bill No. 270838-8 establishing the legal framework for the introduction of the digital ruble
On 19 July 2023, Bill No. 270838-8, establishing the legal framework for the introduction of the digital ruble, was adopted by the Federal Council. The Bill aims to enable cashless payments based on a central bank digital currency (CBDC), the digita…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
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2022-12-29
under deliberation
2023-07-11
under deliberation
2023-07-19
adopted
2023-07-24
adopted