According to Bitcoin.com, Russian President Vladimir Putin announced that it is time to create the environment needed to increase the adoption of digital assets and the Russian CBDC (digital ruble). During the pilot testing phase of the digital ruble, more than 30,000 transactions have been conducted, of which more than 7,000 were used to pay for goods and services.

“Russia must ‘seize the moment’ to promptly establish a legal framework and regulations, develop infrastructure and create conditions for the circulation of digital assets both at home and with foreign partners,” Putin said, according to the official Russian news agency TASS.