Russian lawmakers vote on digitalruble legislation.
The legislation amends various other acts to introduce definitions and establish procedures related to the launch of the central bank digital currency.The lower house of Russian parliament, the State Duma, has adopted in the first reading aintroducing legislative changes necessary for the realization of the digital ruble project. Most notably, it seeks to amend the law “On the National Payment System.
According to the business daily Vedomosti, the draft suggests terms like “participant of the digital ruble platform” and “user of the digital ruble platform.” It assigns the role of sole operator to the Central Bank of Russia which will guarantee its safe functioning.
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