Russia: central bank sets digital-ruble timing for certain banks in resolution

On 6 October, the Bank of Russia published its 29 September decision. Universal-licence banks under bankruptcy-prevention measures before 1 September 2027, and basic-licence banks and non-bank credit institutions under such measures before 1 September 2028, must provide digital-ruble access within 12 months after the measures end and operations resume.

Systemically important institutions and institutions designated significant in payment services are excluded from this special timetable.

Source: Bank of Russia.

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