Russian Central Bank to Implement Incentives to Encourage Use of Digital Ruble for Salary Payments

CoinFeed June 25 news, according to Bits.media report, the Russian central bank announced it will provide economic incentives to encourage the use of digital ruble for salary payments. Starting January 1, 2027, commercial banks will receive a reward of 0.67 rubles for each transaction instruction where an enterprise pays wages or other labor contract payments to employees in digital rubles, with a minimum reward of 10 rubles per instruction list. According to the central bank's design, if an enterprise pays digital ruble salaries to 10 employees, the bank gets 6.7 rubles, and the central bank will top up to the minimum of 10 rubles; if it involves 20 people, the reward will be 13.4 rubles. Meanwhile, the central bank also approved the fee rates for the digital ruble platform, starting from early 2027, each instruction for an enterprise-to-individual transfer will have a fee of 1 ruble, with a minimum charge of 15 rubles per instruction list.