Russia plans to pass legislation requiring banks and large merchants to accept digital ruble

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According to a report by Bitcoin.com, Techub News reports that Russia plans to pass legislation requiring banks and large merchants to accept the digital ruble and implement a universal QR code payment system. The new bill has been submitted to the State Duma, proposing to gradually introduce the digital ruble from July 2025, starting with systemically important banks that are crucial to the national economy, and expanding to all banks by 2027. Additionally, merchants with annual revenue exceeding 30 million rubles will be required to support digital ruble payments by July 2025, and this threshold will be lowered to 20 million rubles by July 2026.

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