News
Russian state-owned oil company Gazprom has asked its subsidiaries to open digital ruble accounts.
en
On May 18, according to Bits.media, Russian state-owned enterprise Gazprom has required 17 of its subsidiaries to open digital ruble accounts with the Bank of Russia. The company stated that this move is in preparation for compliance with legislation that will take effect on September 1, which mandates that legal entities must be able to accept the digital ruble as payment for goods and services. The Russian digital ruble began testing in August 2023, and by the end of 2025, over 130 corporate accounts have participated in platform testing. Starting September 1, major Russian banks and large enterprises must provide customers with the capability to conduct digital ruble transactions.