TechFlow news: Russian President Putin has signed the digital ruble bill, which will take effect on August 1, 2023. All provisions are ready for implementation except one. The new law authorizes the Central Bank of Russia to launch its first CBDC pilot program for real consumers in August.
According to the newly signed law, the digital ruble is intended to serve as a means of payment and transfer, not for investment purposes. The Central Bank of Russia will be the main operator of the digital ruble infrastructure and will be responsible for all stored assets.




