Russia's central bank to launch digital ruble subscriptions in late November
- —36 banks are connected to the digital ruble platform, only 15 voluntarily
- —270,000 accounts opened, of which 15,000 belong to companies and sole traders
- —220,000 accounts were opened in September, with growth slowing sharply in October
- —Offline payments and business services are planned for next year
Why it matters: The digital ruble's expansion deepens the central bank's role in payments and could affect demand for stablecoins and crypto services in Russia.
Source: BitNovosti
More stories in swipe mode🔥 Trending now: Trump is being sued over $2.5B crypto deals with Abu Dhabi
More on this
Macro · Oct 9Russia's Central Bank to prototype offline digital ruble payments by end-2026
Regulation · Oct 7Russia's Central Bank Registers First Crypto Depositories and Exchanges as Digital Ruble Hits 220K Accounts
Regulation · Sep 24Russia's Central Bank to Assess Borrowers by Official Income from 2027 in Digital Ruble Push