Regulation· ★★★· neutral·

Russia's Central Bank to Deploy Smart Contracts for Budget and Business

  • —Deputy Governor Kakhramanova announced smart-contract development for the budget next year
  • —Payments bypassing preset conditions will be automatically rejected by code
  • —The Central Bank released a concept for a commercial smart-contract platform for business
  • —Finance Ministry, Central Bank and Rosfinmonitoring drafting crypto analytics requirements
Why it matters: Automating budget and crypto oversight accelerates blockchain adoption in Russian state infrastructure.
Source: BeInCrypto RU