Russian Central Bank to Implement Incentives to Encourage Use of Digital Ruble for Salary Payments

PANews reported on June 25, citing Bits.media, that the Russian central bank announced it will provide economic incentives to encourage the use of the digital ruble for salary payments. Starting January 1, 2027, commercial banks will receive a 0.67 ruble reward for each transaction in which a company pays employee wages or other payments under labor contracts using the digital ruble, with a minimum reward of 10 rubles per instruction list. According to the central bank's design, if a company pays ten employees in digital rubles, the bank will receive a 6.7 ruble reward, and the central bank will top it up to the minimum of 10 rubles; if 20 people are involved, the reward will be 13.4 rubles.

At the same time, the central bank also approved the service fee rates for the digital ruble platform. Starting from early 2027, each transfer instruction from a business to an individual will carry a fee of 1 ruble, with a minimum charge of 15 rubles per instruction list. Previously, central bank governor Nabiullina stated that the digital ruble is designed to enable state monitoring of fund operations such as government procurement contracts, while denying that the government will monitor payments between individuals, and pledged that the use of the digital ruble will not be mandatory.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
10x Research: If Ethereum loses $1,600 support, it may drop to $1,200
PANews Newsflash