The Prosecutor General of Russia: the digital ruble will increase the transparency of public procurement
This was stated by Igor Krasnov during a speech in the State Duma

17.11.2021 - 08:10
312
1 min
0
What’s new? Russia's Prosecutor General Igor Krasnov has addressed the country's legislature and expressed his opinion on the advantages of introducing the digital ruble into the country's economic system, Interfax reports.
News source on the Interfax website
What did Igor Krasnov say? According to the Prosecutor General, the digital ruble may significantly increase the transparency of the public procurement process and “give clear advantages to improve this situation.”
Krasnov stressed that over the last 2 years there were more than 300 000 violations in public procurement, including direct encroachments on the budget and misconduct in contracting and acceptance of work. With the digital ruble, it will be possible to “color” public money and track all its movements using blockchain technology.
Useful material?
Crypto regulations
Under the new law, no cryptocurrency reserve can be created at the state level
Jun 11, 2025
Mining
This is the 300th block mined within this pool
Jun 5, 2025
Incidents
The marketplace started operating in 2022 and allowed trading in stolen personal data
Jun 5, 2025
Incidents
Hackers laundered assets using Tornado Cash, Thorchain, and Wasabi mixers
Jun 2, 2025
Market
After June 30, fines and prison sentences will be imposed for violating the rules
Jun 2, 2025
Crypto regulations
He also stated the country’s aspiration to become a Eurasian IT hub
May 29, 2025