• About
  • FAQ
  • Earn Bitcoin while Surfing the net
  • Buy & Sell Crypto on Paxful
Newsletter
Approx Foundation
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Approx Foundation
No Result
View All Result
Home Business

Russia pays wages in digital rubles first time

approx by approx
October 4, 2026
in Business
0
Russia pays wages in digital rubles first time
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter



Russia’s Ministry of Finance said on Friday that some of its employees had received their wages in digital rubles for the first time.

Being paid in the central bank’s digital currency is available for citizens of Russia on a voluntary basis, and began on Thursday, Oct. 1, according to a Ministry of Finance press release.

The ministry did not disclose how many participants were paid in digital currency or the total payroll amount.

During federal budget spending trials in 2025, about 16 million digital rubles ($192,245) was disbursed, so the ministry has applied proven rails to its own salary procedure, it said.

Work on the introduction of the digital ruble to the budget process is being carried out by the Bank of Russia together with the Ministry of Finance, according to the release.

Related: Russia proposes exchange trading of Bitcoin, Ether and Tether’s USDT

Cointelegraph had reported on July 2 that Russia planned to launch the central bank digital currency on Sept. 1, when major banks and retail companies began enabling transactions with the new currency.

The digital currency was to launch as a complement to Russia’s fiat currency, the ruble, and would initially be accepted by financial and credit institutions, Russian state media outlet RIA Novosti was cited as saying at the time.

The digital ruble, whose development began in 2021, was targeted by preemptive sanctions from European Union authorities, who announced restrictions on the currency in April.

The European Council said that the sanctions package was in response to Russia’s “war of aggression against Ukraine,” which it started in February 2022.

Magazine: Exchanges reporting crypto gains to IRS becomes tax nightmare

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.



Source link

Related articles

El Salvador gets $138 million from IMF

El Salvador gets $138 million from IMF

October 4, 2026
Robinhood Targets U.S. Crypto Traders With 10x Perpetual Futures & AI Trading Agents

QNT Reaches Solana Liquidity Through Sunrise And Raydium

October 3, 2026
Share76Tweet47

Related Posts

El Salvador gets $138 million from IMF

El Salvador gets $138 million from IMF

by approx
October 4, 2026
0

The International Monetary Fund approved the immediate disbursement of about $138 million to El Salvador under the country’s $1.4 billion...

Robinhood Targets U.S. Crypto Traders With 10x Perpetual Futures & AI Trading Agents

QNT Reaches Solana Liquidity Through Sunrise And Raydium

by approx
October 3, 2026
0

TL;DR Quant’s QNT token is now available on Solana through Sunrise infrastructure, with trading available through Raydium. The expansion gives...

Hester Peirce Leaves SEC After Years At The Center Of US Crypto Policy

Hester Peirce Leaves SEC After Years At The Center Of US Crypto Policy

by approx
October 3, 2026
0

TL;DR SEC Commissioner Hester Peirce is concluding her tenure at the agency on October 2. Peirce became one of the...

Marex Gives Institutions Long And Short Crypto Exposure Without Holding The Coins

Marex Gives Institutions Long And Short Crypto Exposure Without Holding The Coins

by approx
October 3, 2026
0

TL;DR Marex has launched a cash-settled OTC rolling spot crypto product for institutional clients. The product allows long or short...

Crypto Shorts Lose $110M In Ten Minutes As Sudden Rally Forces Traders Out

Crypto Shorts Lose $110M In Ten Minutes As Sudden Rally Forces Traders Out

by approx
October 3, 2026
0

TL;DR Roughly $110 million in bearish crypto positions were liquidated during a rapid ten-minute rally on October 2. The move...

Load More

youssufi.com

sephina.com

[vc_row full_width="stretch_row" parallax="content-moving" vc_row_background="" background_repeat="no-repeat" background_position="center center" footer_scheme="dark" css=".vc_custom_1517813231908{padding-top: 60px !important;padding-bottom: 30px !important;background-color: #191818 !important;background-position: center;background-repeat: no-repeat !important;background-size: cover !important;}" footer_widget_title_color="#fcbf46" footer_button_bg="#fcb11e"][vc_column width="1/4"]

We bring you the latest in Crypto News

[/vc_column][vc_column width="1/4"][vc_wp_categories]
[/vc_column][vc_column width="1/4"][vc_wp_tagcloud taxonomy="post_tag"][/vc_column][vc_column width="1/4"]

Newsletter

[vc_raw_html]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[/vc_raw_html][/vc_column][/vc_row]
No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2024 APPROX FOUNDATION - The Crypto Currency News