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Según la ley recién firmada, el banco central de Rusia será el principal operador de la infraestructura del rublo digital y será responsable de todos los activos Indeed, Russia has signed a law that officially introduces the digital ruble, according to an official government document. Moreover, this signed approval from President The digital ruble, which the Bank of Russia has long been mulling over, will be used for payments along with other methods, according to the new amendments to Russia's 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 The State Duma has adopted the basic law establishing the framework for the introduction of the digital ruble, the third form of the national currency, in Russia. The Bank of Russia is going to The digital ruble would provide a way for Russia to continue international trade by using its own currency rather than relying on Western systems. By introducing this

BRICS Power Play: Russia Signs Law Introducing Digital Ruble

Russian President Vladimir Putin has signed a groundbreaking law on the introduction of the digital ruble, solidifying Russia's move towards a more independent financial future. This pivotal decision, outlined in an official government document, establishes the legal framework for the creation of a corresponding electronic platform and marks a significant shift in Russia's financial landscape.

The State Duma has adopted the basic law, firmly establishing the digital ruble as the third form of the national currency in Russia. According to the newly signed law, the central bank of Russia will be the primary operator of the digital ruble infrastructure, assuming responsibility for all digital ruble assets. The Bank of Russia has been long mulling over this innovative project.

What Does the Digital Ruble Mean for Russia?

The digital ruble, introduced with these new amendments, will be used for payments alongside existing methods. Moreover, Indeed, Russia has signed a law that officially introduces the digital ruble. This move is seen by many as a strategic attempt to bypass Western financial systems and bolster international trade. By introducing this digital currency, the digital ruble would provide a way for Russia to continue international trade by using its own currency rather than relying on Western systems.

Digital Ruble and the BRICS Alliance

The timing of this law is particularly noteworthy, considering Russia's prominent role within the BRICS alliance. The digital ruble could potentially facilitate trade and financial transactions between BRICS nations, offering a more secure and independent alternative to traditional Western-dominated systems. This could have significant implications for global financial power dynamics.

Russian President Vladimir Putin has signed a law on the introduction of the digital ruble. The document is now officially in effect, paving the way for the Bank of Russia to implement its ambitious digital currency strategy. Expect to see further developments as the platform is rolled out and integrated into the Russian economy.

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