✉news BusinessBanking first seen 4 h ago, last 53 min ago, peak #18
Russian Finance Ministry pays staff in digital rubles for first time
Original: The Russian Ministry of Finance pays employees in digital rubles for the first time.
The Russian Ministry of Finance has paid its employees' salaries in digital rubles for the first time, marking a milestone for Russia's central bank digital currency. The move signals the state pushing the digital ruble beyond pilots and into real payroll use, and it is drawing attention from banking and crypto observers as an early test of mass adoption.
Why now: It is the first real-world payroll use of Russia's central bank digital currency, a notable step in state-backed digital money adoption.
Russian Ministry of Financedigital rubleCentral Bank of Russia
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