Gate News message, April 25 — Russia’s Central Bank Governor Elvira Nabiullina stated that the digital ruble’s primary purpose is to automate monitoring of state contract spending, replacing existing manual review processes. She clarified that digital ruble transparency is equivalent to the current cashless ruble system and that monitoring personal payments represents a misunderstanding of the initiative.
Nabiullina pledged that the Central Bank will not mandate citizens to open digital ruble accounts or force adoption. The bank plans to launch public voluntary testing in September, promoting the digital ruble’s advantages to encourage organic adoption. The Central Bank has already updated rules governing digital ruble account opening for both businesses and individuals.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Iran Denies Planned Talks with U.S. as Trump Envoys Head to Pakistan
Gate News message, April 25 — Iran denied that its officials would meet U.S. negotiators in Pakistan this weekend, even as the Trump administration sent two senior envoys to Islamabad. Foreign Ministry spokesperson Esmaeil Baqaei said late Friday that no meeting was planned between Iran and the U.S.
GateNews3h ago
US Sanctions Iran-Linked Crypto Wallets, Tether Freezes $344M USDT
U.S. Treasury Secretary Scott Bessent announced that the federal government is sanctioning multiple wallets linked to Iran as part of President Donald Trump's ongoing efforts to increase economic pressure on the country amid an ongoing ceasefire. The move comes a day after Tether froze $344
CryptoFrontier3h ago
Iranian situation latest update: Control over the Strait of Hormuz is upgraded, and Bitcoin is consolidating around $77,000
On April 25, Iran once again escalated its Strait of Hormuz control measures. Bitcoin hovered around $77,500, gold was $4,709, and Brent crude was above $106. With fresh geopolitical turmoil, how will the three major assets move in tandem?
GateInstantTrends4h ago
Zelenskyy Says Ukraine Ready to Hold Peace Talks with Russia in Azerbaijan if Moscow Prepared
Gate News message, April 25 — Ukrainian President Volodymyr Zelenskyy stated that Ukraine is willing to hold peace negotiations with Russia in Azerbaijan, provided that Moscow is prepared to engage in
GateNews7h ago
US Sanctions Iran-Linked Crypto Wallets; Tether Freezes $344M USDT in Coordination with OFAC
Gate News message, April 25 — The U.S. Treasury Department sanctioned multiple cryptocurrency wallets linked to Iran on April 24 as part of efforts to increase economic pressure on the country amid an ongoing ceasefire. Treasury Secretary Scott Bessent said the government will "follow the money
GateNews9h ago
