CandleFocus Putin Confirms Digital Ruble Integration in Russia's Federal Budget
2024-12-06
Author: Content Editor
Russia plans to integrate its central bank digital currency, the digital ruble, into its federal budget system, aiming for nationwide adoption by July 2025. President Vladimir Putin announced this at an investment forum, noting efforts to enhance business efficiency and reduce costs. The move aligns with Russia's goal to strengthen the ruble's international transactions and modernize its financial systems. The aim is to adapt to digital advancements and create seamless and cost-effective budgetary processes.
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