Putin has signed a law incorporating the digital ruble into Russia’s national tax code

On December 22, CoinDesk reported that Russian President Putin has signed a law to include the digital ruble in the country's national tax law. The Russian national tax law now includes a definition of "digital ruble account" and establishes tax regulations related to digital ruble transactions. The new law will allow relevant institutions to recover digital currency when taxpayers do not have enough funds in their bank accounts. The law also allows relevant institutions to suspend transactions on digital ruble accounts and requires platform operators to provide documents reflecting funds deducted from taxpayers' accounts.