Russians may be preparing for the biggest monetary reform since the 1990s

The Russian Federation announced the beginning of a large-scale financial reform, which in its significance can be compared with the reforms carried out at the end of the 20th century.

Next year, a new stage of reform will start, which will affect all major banks in the country.

As part of this reform, a digital ruble will be introduced into the Russian financial system. On January 1 next year, a new stage of the program will begin, and the new form of money will be actively distributed.

The Central Bank clarified that banks should begin actively introducing the digital ruble in the middle of next year. By July 1, almost all major financial institutions will be required to provide their clients with the ability to conduct transactions with this currency. Within a few years, all banks in the country will connect to the digital…