"This possibility will be considered at later stages

[tanjimajuha20]

The issue of marking and tracking digital rubles will be considered at later stages of its implementation, said Deputy Chairman of the Central Bank of the Russian Federation Alexey Zabotkin.

of promoting the digital ruble," Zabotkin told journalists on the sidelines of a forum on digital finance organized by ACRA.

"Restrictions on the use of egypt whatsapp resource money reduce its liquidity. Large-scale restrictions on what you can spend a specific unit of money on make that money less valuable than money that you can spend on anything, so the issue of this kind of functionality should be treated with great caution. Theoretically, such an opportunity is indeed available," the deputy chairman of the Central Bank said, speaking at the forum.

The concept of the digital ruble, published in April 2021, assumed that smart contracts (transactions executed automatically when conditions pre-determined by the parties) would become an additional functionality of the digital currency platform.

One of the additional options for using smart contracts could also be the marking of digital rubles, allowing for the establishment of conditions for their spending (for example, determining specific categories of goods and services that can be purchased with their help) and tracking the entire chain of passage of such rubles, the concept noted.

Central Bank from August 15, 2023started testingtransactions with real digital rubles. The Bank of Russia plans to introduce the digital ruble into wide circulation gradually, starting in 2025.

The digital ruble is the third form of the Russian national currency, which the Bank of Russia plans to issue in addition to the existing forms of money (cash and non-cash). Among the advantages of the digital ruble for citizens and businesses, the Central Bank indicates: the ability to access the wallet through any bank; uniform tariffs for transactions with the digital ruble (this, as the regulator notes, will reduce the costs of their implementation); the ability to use this form of money without access to the Internet; a high level of safety and security of funds; expansion of the range of innovative products and services; improvement of customer service conditions.

The amount of replenishment of the digital ruble wallet using funds placed in bank accounts is limited to 300 thousand rubles per month.