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✉news BusinessBanking first seen 1 d ago, last 31 min ago, peak #17

Russia Rolls Out Digital Ruble Wages and ATM Withdrawals

Original: Russia Pays Wages in Digital Rubles and Readies ATM Cashouts

Russia has begun paying some workers' wages in digital rubles, the central bank's digital currency, and is preparing to let users withdraw the digital money as physical cash through ATMs. The move marks a step in expanding the digital ruble beyond pilot payments toward everyday use, while authorities weigh concerns about privacy and how widely citizens will adopt it.

Why now: Russia is advancing its central bank digital currency into practical use for wages and cash access, a notable step for a major economy.

Russiadigital rubleCentral Bank of Russia

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