The Bank of Russia has announced the timeframes according to which the digital ruble will be introduced into the financial system. Companies with annual revenues of over 30 million rubles will have to accept payments in digital rubles from July 1, 2025, without fail, the regulator said.

Companies with revenues of 20 million rubles or more must be ready to accept the digital ruble from July 1, 2026, and all others from July 1, 2027. The regulator notified that banking banks, trade and service enterprises can implement the digital ruble as soon as their infrastructure is ready, but not later than the established deadlines.

The largest Russian banks will have to provide clients with access to the third form of national currency by July 1, 2025. Access includes not only opening and replenishing an account, but also the ability to transfer and receive digital rubles through banking applications.

Financial institutions with a universal banking license are required to adapt their infrastructure to accept digital national currency by July 1, 2026, and small credit organizations by July 1, 2027, the Central Bank said in a press release.

The regulator sent proposals for changes to the legislation to the Ministry of Finance.

Earlier, a survey conducted by the state-run All-Russian Public Opinion Research Center (VTsIOM) showed that the majority of Russians, 59%, show no interest in the digital ruble.