Russian President Putin Signs Law Introducing ‘Digital Ruble’

Russian President Vladimir Putin has signed a law on the introduction of the digital ruble and the creation of a corresponding electronic platform. The document is published on the official portal of legal information. It implies an additional form of the Russian national currency, which will be issued along with existing forms of money. That means that the Russian ruble will have three forms: cash, non-cash and digital. It will be possible to carry out transactions with the new monetary format using the digital ruble platform – a special information system. Under the law, the Bank of Russia is the…