Russia's Finance Ministry has begun paying some employees' salaries in digital rubles, marking the first use of the central bank digital currency for government payroll. The ministry did not disclose the number of participating staff or the total amount distributed in this initial rollout.
The salary payments follow a successful pilot earlier this year that disbursed approximately 16 million digital rubles ($192,245) as part of 2025 federal budget expenditures. The Finance Ministry is now applying this established payment channel to its internal payroll processes while working with Russia's central bank to further integrate the digital ruble into broader budget payment systems.
Russia Finance Ministry Pays Staff Salaries in Digital Rubles for First Time
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
