Russia Mandates Digital Ruble Integration for Banks and Major Retailers by 2026

Russia is accelerating its transition to a centralized digital currency, with the digital ruble set to become mandatory for major banks and retailers by 2026. The MOVE signifies a shift from experimental phases to full-scale implementation, reinforcing state control over financial transactions.

Starting September 2026, institutions generating over 120 million rubles annually must adopt the digital ruble. The rollout will expand progressively, targeting universal CBDC adoption across all commerce by 2028. This strategic pivot aims to reduce reliance on foreign payment systems while enhancing monetary oversight.

The digital ruble's programmable nature enables unprecedented transaction monitoring—a feature that aligns with Moscow's broader geopolitical objectives. This isn't merely a payments upgrade; it's the architecture of a new financial regime where every ruble movement becomes traceable and controllable.