✉news BusinessBanking first seen 12 h ago, last 2 h ago, peak #13
Russia's Finance Ministry Pays Salaries in Digital Rubles for First Time
Original: Russia Finance Ministry Makes First Salary Payments in Digital Rubles, Amount Undisclosed
Russia's Finance Ministry has made its first salary payments using the digital ruble, the country's central bank digital currency, though the amount distributed has not been disclosed. The move marks a first practical step by a Russian government body to use the digital currency for payroll, signalling continued state interest in rolling out the digital ruble despite a slow public rollout.
Why now: It is the first confirmed use of Russia's central bank digital currency for government salary payments, a milestone in the digital ruble project.
RussiaRussian Finance Ministrydigital ruble
Evidence
- Russia Finance Ministry Makes First Salary Payments in Digital Rubles, Amount Undisclosed · bloomingbit
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