✉news BusinessFinance first seen 1 d ago, last 14 h ago, peak #4
Russia's Finance Ministry Pays Staff in Digital Rubles for First Time
Original: Russia’s Finance Ministry Begins Paying Employees in Digital Rubles for First Time: 10 outlets compared
Russia's Finance Ministry has started paying some of its employees' salaries in digital rubles, marking the first real-world use of the central bank digital currency for government wage payments. The move is part of Moscow's pilot of the digital ruble, and multiple outlets are covering what it signals about the state's push to expand the currency beyond testing.
Why now: It is the first concrete deployment of Russia's central bank digital currency for official salary payments, a milestone in the digital ruble pilot.
Russia's Finance MinistryCentral Bank of Russiadigital rubleRussia
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