winepressnews.com Receiving virtually no real press time at all, the Russian state Duma has quietly passed a law that creates and details the foundation for a digital ruble and cashless payment system.
According to Duma.tv, ‘the bill proposes to introduce the concepts of “digital ruble platform,” “digital ruble platform rules,” “participant in the digital ruble platform,” as well as “user of the digital ruble platform” and “digital account.”
Additionally, ‘it is planned to consolidate the status of the operator of the digital ruble platform for the Central Bank, as well as the performance of functions to organize and ensure its functioning. The responsibility of the regulator for the safety of digital rubles and the correct accounting of information about operations with digital rubles are also established,’ the state-funded outlet added.
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