Russian Banks Embrace Digital Ruble
This is a Russia news story, published by CoinGape, that relates primarily to Zurich Cantonal Bank news.
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•Russia Sets 2025 Deadline For Major Banks on Digital Ruble Adoption
80% Informative
By 2025 , major banks in Russia must support digital ruble transactions.
By July 1, 2025 , trade and service enterprises with annual turnover exceeding 30 million rubles are mandated to facilitate digital currency transactions.
The timeline for universal acceptance of the digital currency is also set.
This initiative falls in line with the current trend where traditional finance is incorporating cryptocurrency.
ZKB ( Zurich Cantonal Bank ) has commenced Bitcoin and Ethereum offerings for its users.
VR Score
72
Informative language
67
Neutral language
67
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formal
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English
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63
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3
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