RUSSIA ECONOMY DIGITAL RUBLES

Russian Central Bank starts work with a new digital ruble

epa10801432 A woman stands in front of logos of Russian digital rubles in Moscow, Russia, 15 August 2023. The Central Bank of Russia will begin testing real digital rubles on August 15, 2023. At the first stage, customers will be able to open wallets, make transfers and pay for goods and services. The law on the introduction in Russia of the third form of the national currency (the digital ruble in addition to cash and non-cash rubles) entered into force on August 01, 2023. The digital ruble is a digital code that is not stored in commercial banks, but in a special digital wallet on the servers of the Central Bank. EPA/SERGEI ILNITSKY

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