The Bank of Russia has approved a new rule that allows banks to halt transactions involving digital rubles for up to two days if they are suspected of being linked to fraud. This directive aims to protect individuals and organizations from fraudulent activity and will be implemented from February 23, 2025. If a suspicious transaction is detected, the customer will be alerted and given 24 hours to confirm or cancel it. If no response is received, the funds will stay in their digital wallet. Russia has been testing its central bank digital currency since August 2023, with plans for widespread use by mid-2025. The transition to the digital ruble will likely take several years to complete.



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