The Russian State Duma has submitted a new bill that plans to mandate banks and merchants to use the digital ruble starting in 2025, while also introducing a universal QR code payment system. 📱 This proposal, driven by several senators and deputies, aims to promote the digital ruble in phases, first implementing it in systemically important banks and gradually expanding it to all banks. By 2027, all merchants will be required to accept digital ruble payments, promoting its use among the public. 💸

The bill also stipulates that businesses with an annual income exceeding 30 million rubles must enable digital ruble payments by July 2025, with the threshold being lowered to 20 million rubles in 2026. Businesses in areas without mobile or internet access are not subject to this restriction. 🌍

In addition, the bill combines a universal QR code system to simplify the payment process and ensure seamless use of the digital ruble. Participating credit institutions and foreign bank branches must also support these transactions. 🔗

The future of Bitcoin remains hopeful, but the launch of the digital ruble may present new challenges and opportunities for the cryptocurrency market. 🚀