This is a Russia news story, published by CoinGape, that relates primarily to Zurich Cantonal Bank news.
For more Russia news, you can click here:
more Russia newsFor more banking & finance news, you can click here:
more banking & finance newsFor more news from CoinGape, you can click here:
more news from CoinGapeOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like banking & finance news, you might also like this article about
digital ruble transactions. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest new digital currency news, Digital Ruble Initiatives news, banking & finance news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
digital ruble accountsCoinGape
•80% Informative
By 2025 , major banks in Russia must support digital ruble transactions.
By July 1, 2025 , trade and service enterprises with annual turnover exceeding 30 million rubles are mandated to facilitate digital currency transactions.
The timeline for universal acceptance of the digital currency is also set.
This initiative falls in line with the current trend where traditional finance is incorporating cryptocurrency.
ZKB ( Zurich Cantonal Bank ) has commenced Bitcoin and Ethereum offerings for its users.
VR Score
72
Informative language
67
Neutral language
67
Article tone
formal
Language
English
Language complexity
63
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
Affiliate links
no affiliate links