Russian President Vladimir Putin is moving ahead with a central bank digital currency (CBDC), signing the digital ruble bill into law on July 24, according to an official government document.
With Putin’s official approval, the digital ruble law is scheduled to take effect from Aug. 1, 2023, with all but one rule ready to be enforced. However, unlike plans for CBDCs elsewhere, Russia’s digital ruble will be voluntary.
Article number three — which includes amendments to several Russian federal laws, including those related to bankruptcy and inheritance — is expected to take effect from August 2024.
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In a significant move, the Russian government has officially granted the Russian central bank the authority to commence the first pilot of its Central Bank Digital Currency (CBDC) with real consumers, slated for August.
The initial trials, which were initially planned to be rolled out in April, will now see active participation from 13 local banks, including major players like Sberbank.
As per the new law, the digital ruble infrastructure will be operated by the Russian central bank, which will also bear the responsibility of safeguarding all the assets held within the system.
It is important to note that the digital ruble is specifically intended for use as a secure and efficient payment and money transfer method and will not serve any investment purposes.
Functioning as the third form of money, alongside cash and non-cash rubles, the digital ruble is expected to offer greater convenience to the financial ecosystem. However, it has been made clear by Bank of Russia governor, Elvira Nabiullina, that its usage will be entirely voluntary for Russian citizens.
Individuals will have the freedom to decide whether or not they wish to embrace the CBDC’s potential benefits.
This declaration was made by Nabiullina on July 24, assuring citizens that they will not be compelled to adopt the digital ruble against their will. She said:
“No one is going to force anyone into the digital ruble […] But we really hope that it will be more convenient and cheaper for both people and businesses, and they will start using it. This is a new opportunity.”
According to Bank of Russia deputy governor Olga Skorobogatova, the government doesn’t expect mass adoption of the digital ruble in Russia before 2025 or even 2027.
The news comes soon after Russia’s State Duma — the country’s lower house of parliament — passed the digital ruble bill in the third and final reading on July 11. The Federation Council subsequently approved the bill on July 19. According to official records, the digital ruble bill was initially registered in December 2022.
THINK A YUAN!!!
Putin is one of Swab’s boys. So nothing surprising here really.
I have to admit, I was hoping he was anti rothschild, but it is kind of impossible to be a world leader and be anti rothschild. I should have known better.
Putin getting CBDC at same time as rest of world shows he is fake, and works for New World Odor.
It shows their war is fake, too. We are being played for fools. They already have the world all controlled for global government.We will need a global revolution to stop the globalists.
exactly and when we found out they just took him off the website like tulsi gabbard another false idol…the excuse making grifters who believe in false gods to save them will say well he was with the wef but he was spying on their agenda and then went against it so they kicked him out the wef lol! what a joke
The CSTO is far more powerful than the NWO an sets in cuba right now with muti=hypersonic cluster nukes as they have retaken cuba AGAIN!
THERE are more Xians in china than in america
Putin is head of the CSTO which has hypersonical cluster nukes in cuba right NOW in real time.China runs the world not the NWO
China is only the creation of USA, Royals, Rothschilds, and Israel. They were created, like USA, to be a tool for globalism. The USA was created to be the dry test run, to figure out the barriers of making world government on a smaller scale in America, to figure out the bugs before going to a larger scale.
IF you knew any history at all you would know that is BS.China was one of the first countries post stone age and most everything invented came from china.The USA is just the UK&EU castaways.THE INDIAN NATION and those whom came over from spain
CHINA PREDATES all those kingDoms by 1,000s of years was one of the first industrial counties.TAIWAN take away days are DEAD and gone as 170 countries lineup for china/africa/india products shipped on china`s 8 billion dollar NEW SILK ROAD.You are brain washed to the grave yard just as were your forfATHERS as china is head of the united nations and was one of the BIG four that won WW2 for our allied forces
This was reported on months ago; mentioning it got you labeled a conspiracy theorist and banned from both sides of the isle.
As a species we really need to learn not to worship any political leader; we’re cattle to every one of them.
CSTO runs the world and the Yuan is used more than any other Putin dances for china.China owns 70 % of the world
DOD spends more money than any 3rd even make less china and has over 3.2 million employees.
China has all the top money making companies with four of them in the top ten of for profit corps.ALL OWNED AND RUN BY THE STATE OF CHINA
As the west try`s to break away from the east we will fall into total decline and china india and africa will takeover
Obviously everything is going digital globally .That’s a gaurantee .Its like here when we went decimal and everyone was horrified their money would be worthless and they would be pounced upon by decimal devils.
Russia has been an illuminati stronghold since the Bolshevik fake khazar jews overthrew the country in 1917. Most the worlds modern “jews” were pagans who converted to judaism (man made babylonian religion based on babylonian talmud and kabala) in 740 ad in the country of Khazaria. They are the sons of Japheth, and have more in common with Gog and Magog then the Semites which descend from Shem. King Bulan of Khazaria converted his entire kingdom to judaism, and they were known as the jews, but were not at all descended from the biblical Israelites. The Rus and mongols destroyed Khazaria, and the “jews” dispersed throughout eastern europe. The bolshevik revolution was revenge on russia for the destruction of Khazaria.
Flash forward to 1948 when the Japhethites invaded Israel, modern rothschild israel is an imposter state, filled with many fake jews and satanists. The palestinians are actual descendants of Abraham, whereas the khazars are not even semetic. They say 9/10 modern “jews” are khazars.
Check out texe marrs, or Koestlers the 13th tribe for more info on the khazar imposters. The illuminati staged a fake gathering of Israel.
Revelation 2:9
King James Version
9 I know thy works, and tribulation, and poverty, (but thou art rich) and I know the blasphemy of them which say they are Jews, and are not, but are the synagogue of Satan.
Revelation 3:9
King James Version
9 Behold, I will make them of the synagogue of Satan, which say they are Jews, and are not, but do lie; behold, I will make them to come and worship before thy feet, and to know that I have loved thee.
Little bits of trivia to celebrate Vladimir Puppet enslaving his citizens…first, he – like all other high ranking members of the US-SR communist party – is an ethnic j€w on his mother’s side. And he brags his grandfather was Lenin’s chef. The crest of Russia is the exact same as the Rots-childs, who controls their central banks.
Second, do you know why those silly globalists named the databank controlling all digital currencies transaction info blockchain? Because that’s the name of the tether that held slaves down at auction.
Digital currency must never take root in America or we are well and truly f-cked.
Putin heads the CSTO! the east`s NWO!