Russian finance ministry begins paying salaries in CBDC
All Russian citizens can request to convert salaries into digital ruble, ministry says
Russia’s Ministry of Finance has started to pay employees’ salaries in the country’s central bank digital currency, the institution announced on October 2.
In a statement, the ministry said some of its employees had received their salaries in digital rubles for the first time, and had opened digital ruble accounts on the Bank of Russia’s platform to do so.
The ministry said widespread digital ruble use began on September 1, and that the largest banks and retail companies had opened their
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