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وكالة الأنباء الليبية
Russian Central Bank discusses digital ruble settlements
The Russian Central Bank announced the start of a study into the possibility of conducting cross-border financial settlements using the digital ruble, a form of digital national currency equivalent to the regular ruble, in cooperation with other countries beginning in early September 2026. The necessary conditions for international payments include having a dedicated digital platform for the central bank's digital currency in the other countries and the willingness of the other parties to participate, as this cannot be done unilaterally. Payments will be converted into smart contracts that are executed automatically once the conditions are met, with transaction fees for companies being lower compared to traditional methods. Russia is among the few countries that have fully launched their digital currencies for central banks, while many other nations are conducting experiments and projects in this field.
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