{"id":84047,"date":"2023-09-06T10:20:53","date_gmt":"2023-09-06T07:20:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=84047"},"modified":"2025-09-12T15:00:37","modified_gmt":"2025-09-12T12:00:37","slug":"in-russia-officials-discuss-potential-restrictions-on-the-digital-ruble","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/in-russia-officials-discuss-potential-restrictions-on-the-digital-ruble\/","title":{"rendered":"In Russia, officials discuss potential restrictions on the digital ruble"},"content":{"rendered":"<p>In the late stages of testing, the Bank of Russia will consider the possibility of &#8216;coloring&#8217; the digital rubles to track transactions. This was stated by deputy chairman of the regulator Alexei Zabotkin, according to <a href=\\\"https:\/\/tass.ru\/ekonomika\/18661743\\\">\u0422\u0410\u0421\u0421<\/a>.<\/p>\n<p>According to the official, any discussion of possible restrictions for the new asset should be approached with caution.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cLimiting what you can spend a specific unit of money on makes these funds less valuable than the money you can spend on anything,\u201d he explained.<\/p>\n<\/blockquote>\n<p>Mr. Zabotkin suggested that the digital national currency could have a positive effect on shifts in bank rates and the adjustment of acquiring commissions.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cBanks, to stimulate and maintain current liquidity within the banking system on their accounts in the form of non-cash rubles, will be obliged to offer clients more attractive terms for holding these funds,\u201d added the deputy chairman of the Bank of Russia.<\/p>\n<\/blockquote>\n<p>In turn, Anatoly Aksakov, head of the State Duma Committee on the Financial Market, <a href=\\\"https:\/\/tass.ru\/ekonomika\/18661797\\\">\u0437\u0430\u044f\u0432\u0438\u043b<\/a> that international settlements with the digital ruble could begin as early as 2025. However, this functionality <a href=\\\"https:\/\/tass.ru\/ekonomika\/18661779\\\">will require a solution<\/a> to a large number of issues, including those related to currency risk in conversion.<\/p>\n<p>Aksakov also <a href=\\\"https:\/\/tass.ru\/ekonomika\/18661991\\\">\u043d\u0435 \u0438\u0441\u043a\u043b\u044e\u0447\u0438\u043b<\/a> the appearance of deposits and even loans in the new asset, although the enacted profile law <a href=\"https:\/\/u1f987.com\/en\/news\/state-duma-approves-law-to-implement-the-digital-ruble\">does not provide<\/a> the possibility of such a loan.<\/p>\n<p>Earlier, the law on Russia&#8217;s <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-a-central-bank-digital-currency-cbdc\">CBDC<\/a> took effect <a href=\"https:\/\/u1f987.com\/en\/news\/russia-legally-recognises-foreign-cbdcs\">1 August<\/a>.<\/p>\n<p>Citizens of the Russian Federation will have the opportunity to use it en masse in 2025\u20132027.<\/p>\n<p>Earlier banks began <a href=\"https:\/\/u1f987.com\/en\/news\/in-russia-insurance-payments-were-made-for-the-first-time-with-digital-rubles\">testing the asset<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the late stages of testing, the Bank of Russia will consider the possibility of &#8216;coloring&#8217; the digital rubles to track transactions.<\/p>\n","protected":false},"author":1,"featured_media":84048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1095,1165,27],"class_list":["post-84047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cbdc","tag-digital-ruble","tag-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=84047"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84047\/revisions"}],"predecessor-version":[{"id":84049,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84047\/revisions\/84049"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/84048"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=84047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=84047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=84047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}