Starting September 1, Magnit and MTS Will Accept Digital Rubles
Starting September 1, the digital ruble will be available to Russian citizens through mobile applications of commercial banks. Sellers with revenue exceeding 120 million rubles for the year 2025 will be required to accept digital rubles. Magnit has already announced its readiness to accept digital rubles in all its stores, including supermarkets and discounters. Payments will be made via a QR code placed on NFC stickers or in the self-service checkout interface. Users of MTS Pay will be able to pay for goods and services with digital rubles in the My MTS app starting September 1. Rostelecom and Megafon are also preparing to accept digital rubles. Marketplaces such as Ozon will provide instructions for businesses on how to work with digital rubles, requiring the opening of a bank account. The purchasing process on Ozon and Wildberries will include selecting the digital ruble at checkout after opening a wallet in the bank's app.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Rosfinmonitoring to Gain Access to All Money Transfers of Russians Starting in 2026

Ukrainians' Bank Deposits Reach 1.75 Trillion UAH

Half of Small Businesses in Russia Report Revenue Decline

Smilyansky Denies NBU's Accusations of Money Laundering 11 Billion UAH

India Plans to Issue First Tokenized Bond Exceeding $57 Million in September

79% of Bond Market Participants Expect the Base Rate to Remain Unchanged at the Monetary Policy Committee on the 27th

Bank Digital Asset Budget at 88%, Actual Operation at 16%

Dnipro Announces Tender for Purchase of Low-Floor Trams for €7.8 Million

82% of Brazilian Households Hold Debt, Central Bank Warns of Credit Risks

Iranian Rial Falls Below 2 Million, Warns of Retaliation Against Supporters of Sanctions

Three Arrested for Buying Currency from BCV and Selling on Binance

ECB Defends Digital Euro Privacy Design, Claims User Identities Cannot Be Identified

Agrarians Received 174.7 Million UAH in Compensation for Equipment

Parfin Provides Infrastructure for Virtual Asset Service Providers Until October 30

Number of MiCA Licensed Institutions Increases to 331, All New Additions from German Cooperative Banks

China Payment and Clearing Association Releases Self-Regulatory Convention for Intelligent Payment Applications

1-Year Interest Rate Swap Falls by 3.50bp to Record 3.4275%

Korean Won to Dollar Exchange Rate Hits 1376.5 Won, Highest in a Year

Fasset Completes $68 Million Financing Led by SBI Group

Scandal with State Bank: Zelensky Comments on Possible Dismissal of NBU Head Pyshny

Indonesia Records $8.5 Billion Net Foreign Portfolio Inflow in Q2 2026

National Assembly's Political Affairs Committee Reviews Bill Requiring Disclosure of Coins Held by Influencers

Increase in Reserves by 10 Trillion Won, Surplus in Short-Term Funds Expected on the 24th

Goldman Sachs Warns of Increased Volatility Due to Reduced Communication from the Fed

Monetary Policy Committee's Interest Rate Decision and Economic Outlook Announcement on the 27th

IT Specialists Arrested in North Korea for Laundering State Funds via Cryptocurrency

Circle Obtains Federal Custody Bank License

14.3% of Bitcoin Respondents Report Actual Purchase Increase

NBU Prohibits Money24/7 from Providing Financial Services










