ChainCatcher news, a bill has been submitted to the State Duma of Russia, aimed at mandating banks and merchants to use the digital ruble while implementing a universal QR code payment system. The bill is spearheaded by a group of senators and deputies, including Anatoly Aksakov, the chairman of the Duma's Financial Market Committee, and has been officially submitted to the lower house's electronic database.The proposal outlines a phased rollout plan for the digital ruble, starting on July 1, 2025, initially launching in systemically important banks (banks critical to the stability of the national economy) and expanding to all banks by 2027. Merchants will also be required to accept the digital ruble to encourage public usage. By July 2025, businesses with annual revenues exceeding 30 million rubles must enable digital ruble payments, with the threshold dropping to 20 million rubles by July 2026. Businesses in areas without mobile or internet access are exempt from this requirement.The bill, in conjunction with the universal QR code system, simplifies the payment process to facilitate seamless use of the digital ruble. Amendments to consumer protection laws require merchants to comply with regulations to ensure broader adoption. Additionally, credit institutions and foreign bank branches participating in the platform are obligated to support these transactions.