🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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Share your story on Gate Square, and embrace the next 30 million together!
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1️⃣ Post a photo or video with Gate elements
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The State Duma of Russia has passed a bill to fully promote the digital ruble by 2026.
On July 17, according to TASS, the State Duma of Russia has passed a law in its second and third readings that promotes the widespread circulation of the digital ruble and introduces a universal QR code for payment of goods and services in the Russian payment system. Starting from September 1, 2026, enterprises with an annual income of 120 million rubles or more must provide payment services that support the digital ruble, while it is stipulated that payments for goods and services must use the digital ruble QR code. Large enterprises are obligated to provide payment options, while some small enterprises may opt out.
On June 27, the Central Bank of Russia announced that the Central Bank Digital Currency (CBDC) digital ruble will be officially launched nationwide on September 1, 2026. The Russian CBDC will achieve interoperability with digital currencies issued by other BRICS countries and may be used in the field of cross-border trade, helping Russian traders to bypass sanctions.