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Russia will amend the law on the digital Ruble

Russia is developing a plan which will create digital ruble by designing its own framework.   On Tuesday, Elvira Nabiulina, governor of Russia’s central bank, said the country would have a prototype of its digital ruble platform ready by early 2022 and release it for test use next year before making a final decision on whether or not to launch a digital currency. as Reuters reports.Meanwhile, it is reported that the Russian legislature will begin work on the necessary legal adjustments to implement the digital ruble adjustment plan for the digital currency. According to Izvestia, Anatoliy Aksakov, head of the State Duma’s financial markets committee, said changes to the law will begin as soon as the Central Bank of Digital Currency (CBDC) tests are carried out.At least eight federal laws and five laws, including the Criminal Code, the Criminal Code, the Criminal Code, the Criminal Code and the Criminal Code, must be amended for the digital ruble to take effect. The new rules will addr

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