Rules and Consequences of the Digital Ruble Adoption

Sergey M. Drobyshevsky – Scientific Director of the Gaidar Institute for Economic Policy, Doctor of Economic Sciences, Associate Professor (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Еlena V. Sinelnikova-Muryleva – Senior Researcher of the Russian Presidential Academy of National Economy and Public Administration, Сandidate of Economic Sciences, Associate Professor (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The digital ruble law, which is coming into force, essentially means the emergence of a new form of money in Russia. This is the Central Bank’s digital ruble, intended for mass use by households and businesses. In this regard, it is important to assess the features, advantages and, at the same time, limitations of using the digital ruble, as well as the implications for the banking sector.

Key words: digital ruble, transactions with digital ruble, advantages and disadvantages of the use of the digital ruble.

JEL-codes: E42, E58, G20.