Overview
- An amendment to the Budget Code (paragraph 2 of Article 3) took effect on January 1, authorizing use of the central‑bank digital currency for transfers into Russia’s budget system.
- Federal budgetary and autonomous institutions can now receive funds in digital rubles under the new provisions.
- From September 1, 2026, the largest banks and their major merchant clients must support digital‑ruble operations for all users, extending to other universal banks on September 1, 2027 and to remaining banks and merchants on September 1, 2028.
- Operations involving regional and local budgets, plus extra‑budgetary funds and their recipients, are scheduled to become available from July 1, 2027.
- The digital ruble is issued and guaranteed by the Bank of Russia as a third form of the national currency and operates on a central‑bank platform.