BTC $71,807
2026 Bull Run Is Building Start trading with 5% OFF all fees
Sign Up Now
BTC $71,807
Bull Run 2026 | 5% Off Fees Open your Binance account today
Sign Up

Russian Finance Ministry pays staff wages in digital rubles for first time

Russia's Finance Ministry pays first employees in digital rubles voluntary October program amid EU sanctions.

  • The Ministry of Finance paid some employees in digital rubles for the first time in early October.
  • The voluntary salary program began on Oct. 1, building on successful budget trials from earlier in 2025.
  • The European Council had previously imposed preemptive sanctions on the digital currency in April.

Russia’s Ministry of Finance announced on Friday that some employees had received their wages in digital rubles for the first time. The voluntary payment option became available to citizens on Thursday, Oct. 1, according to a ministry press release.

- Advertisement -

The ministry did not disclose how many participants received digital wages or the total payroll amount. However, the salary disbursement follows federal budget spending trials conducted earlier in 2025, which disbursed roughly 16 million digital rubles ($192,245).

The broader commercial rollout of the digital ruble began on Sept. 1, when major banks and retail companies started enabling transactions. The Bank of Russia and the Ministry of Finance are jointly working to integrate the currency into the national budget process.

Development of the digital ruble began in 2021, but the project faces preemptive sanctions from European Union authorities. The European Council Ukraine-20th-round-of-stern-eu-sanctions-hits-energy-military-industrial-complex-trade-and-financial-services-including-crypto/?__cf_chl_f_tk=1DdjbKMhz5EJV780riUot5iTtRprKqy1GMSIMjn6Sds-1783016420-1.0.1.1-1ivCsRyHAqNCcO85JobvWMfNLviFxcRAHrjvh20dETA” target=”_blank” rel=”nofollow noopener”>announced restrictions on the currency in April, citing Russia’s “war of aggression against Ukraine” as the reason for the sanctions package.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

- Advertisement -

Previous Articles:

- Advertisement -
Ad
Altseason Is Loading. Don't watch from the sidelines.
SOL $90.51
DOGE $0.0963
LINK $9.02
SUI $1.00
5% off fees when you sign up
Start Trading
Ad
Pay Less on Every Trade. For Life.
$10K/mo volume Save $60/yr
$50K/mo volume Save $300/yr
$100K/mo volume Save $600/yr
5% off all trading fees when you sign up
Claim Your Discount

Latest News

CFTC redefines event contracts as swaps, bans casino bets

The CFTC issued a proposed rule Friday that would expand the "swap" definition to...

Hayes warns gold at $60k to retire US debt inflationary

Arthur Hayes believes a French financial crisis could force the Fed and Treasury to...

Anthropic blocks AI internet access after false police tip

Anthropic cut live internet access for all internal AI evaluations after its Claude models...

Aave Surges 4% as Bitcoin Stalls in Citrini DeFi Basket

Aave rose over 4% on Saturday, leading Citrini Research's DeFi tokenization basket as Bitcoin...

EU AI chief says bloc’s rules can handle rogue AI agents

EU tech chief Henna Virkkunen asserts that the bloc’s AI Act is capable of...

Must Read

How to Swap Ethereum for Monero Without an Account

Paste your main Ethereum address into a block explorer and look at what a stranger can read off it. Every transfer in and out....
Ad
Altseason Is Loading. These 4 coins are trending right now.
SOL $92.12
DOGE $0.0950
LINK $9.02
SUI $1.02
5% off spot fees when you sign up
Start Trading