Russia's Finance Ministry begins paying staff salaries in digital rubles
Russia's Finance Ministry has started paying some employee salaries in digital rubles for the first time, introducing the central bank digital currency into its payroll on a voluntary basis.
Russia's Finance Ministry has begun paying some employees their wages in digital rubles for the first time, marking an initial rollout of the central bank digital currency into government payrolls, according to reports from BSCN and crypto.news. The ministry stated that the digital ruble wage disbursements officially began on Oct. 1, emphasizing that participation among ministry staff remains strictly voluntary.[1][3]
Government officials did not reveal how many employees opted to receive digital ruble wages or the total amount paid under the program. The move follows prior federal budget trials where the ministry distributed roughly 16 million digital rubles, allowing authorities to apply those tested settlement rails directly to the ministry's internal payroll process.[3]
Key facts
- Russia's Finance Ministry began paying some employee salaries in digital rubles for the first time.
- The digital ruble wage payments began on Oct. 1.
- Participation in receiving digital ruble salaries is voluntary for ministry workers.
- Officials did not disclose the number of employees receiving digital rubles or the total amount disbursed.
- The ministry previously distributed about 16 million digital rubles during federal budget trials.
- The payments apply previously tested digital ruble rails to the Finance Ministry's own salary process.
Sources · 3 sources
- CN
crypto.news@cryptodotnewsPost on X ·
JUST IN: Russia’s Finance Ministry pays employees in digital rubles for the first time Some ministry staff received their salaries in the central bank’s digital currency on Oct. 1, with participation remaining voluntary. https://t.co/p0nyBp52pt
Open source - LD
Lark Davis@LarkDavisPost on X ·
Russia’s Finance Ministry just began paying employee salaries in digital rubles. Sounds convenient, but CBDCs are just programmable fiat with strings attached. Canada already showed us the playbook when they froze truckers' bank accounts. CBDCs simply automate that process. Say the wrong thing or attend the wrong protest, and a line of code shuts off your card at the gas pump. It’s not cash. It’s a digital rationing coupon with a state kill switch.
Open source - BS
BSCN@BSCNewsPost on X ·
Russia Starts Paying Government Workers in Digital Rubles Russia’s Finance Ministry has begun paying some employees their wages in digital rubles. The ministry said the payments started on Oct. 1 and remain voluntary for workers. Officials did not disclose how many employees received digital ruble salaries or the total amount paid. The ministry previously distributed about 16 million digital rubles during federal budget trials. The latest payments apply those tested rails to the ministry’s own salary process.
Open source