Russia’s Digital Ruble Push: State Duma Drafts Bill to Force CBDC Adoption
Move over, cash—Moscow wants every wallet digitized. The State Duma just fast-tracked legislation mandating nationwide digital ruble payments, accelerating Putin’s crypto-adjacent ambitions.
From pilot to policy
No more ’voluntary adoption’ window dressing. The bill—slated for 2025 rollout—would compel businesses and banks to integrate the CBDC infrastructure. Early adopters? Try no-choice adopters.
The unspoken agenda
While officials tout ’payment efficiency,’ skeptics spot the real win: transaction surveillance. Because nothing fights sanctions like a fully traceable monetary system—just ask the central bank’s blockchain contractors.
One banker’s innovation is another’s fiscal handcuffs. The ruble goes digital—whether Russia’s oligarchs like it or not.
