Paradoxes of the digital ruble implementation in monetary turnover

Russia, which is actively piloting the Digital Ruble project, has become the first country to legislate the turnover of the central bank’s digital currency. At the same time, the embodiment of the competitive balance between “electronic private and digital honest” for the interaction of the informat...

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Prif Awduron:	Dyudikova, E. I., Дюдикова, Е. И., Kunitsyna, N. N., Куницына, Н. Н.
Fformat:	Статья
Iaith:	English
Cyhoeddwyd:	2024
Pynciau:	Distributed ledger Electronic money Cashless money CBDC Central bank digital currency Digital ruble Cryptocurrency
Mynediad Ar-lein:	https://dspace.ncfu.ru/handle/123456789/27531
Tagiau:	Ychwanegu Tag Dim Tagiau, Byddwch y cyntaf i dagio'r cofnod hwn!

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spelling	ir-123456789-275312024-05-08T09:30:29Z Paradoxes of the digital ruble implementation in monetary turnover Dyudikova, E. I. Дюдикова, Е. И. Kunitsyna, N. N. Куницына, Н. Н. Distributed ledger Electronic money Cashless money CBDC Central bank digital currency Digital ruble Cryptocurrency Russia, which is actively piloting the Digital Ruble project, has become the first country to legislate the turnover of the central bank’s digital currency. At the same time, the embodiment of the competitive balance between “electronic private and digital honest” for the interaction of the information society in a virtual environment, which makes it possible to turn the lack of understanding (indirect participation) into a trust relationship (direct participation) with full optional financial support in the contour of the national metaverse, has not yet been implemented in practice. The relevance and desirability of the study is due to insufficient research on the integration of high-tech financial products into the monetary system in the focus of a full-scale digital transformation of the entire financial system, as well as the lack of a carefully developed legal framework for the implementation of central banks digital currencies on a global scale. The need to achieve this goal determined a phased study of regulatory, statistical and periodic literature using general scientific and special research methods: systemic and interdisciplinary approaches, formal logic, comparative analysis, classification, etc. The authors have found that the digital ruble does not correspond to the category of ideal digital currency in the context of digital (crypto) units and identified the discussion provisions for regulating the transformation processes of the digital ruble implementation into monetary turnover. As a result, we have specified the nature of monetary innovation at the stage of economic bifurcation metamorphoses. 2024-05-08T09:29:36Z 2024-05-08T09:29:36Z 2024 Статья Dyudikova, E.I., Kunitsyna, N.N. Paradoxes of the digital ruble implementation in monetary turnover // Voprosy Ekonomiki. - 2024. - (4). - pp. 148-158. - DOI: 10.32609/0042-8736-2024-4-148-158 https://dspace.ncfu.ru/handle/123456789/27531 en Voprosy Ekonomiki application/pdf application/pdf
institution	СКФУ
collection	Репозиторий
language	English
topic	Distributed ledger Electronic money Cashless money CBDC Central bank digital currency Digital ruble Cryptocurrency
spellingShingle	Distributed ledger Electronic money Cashless money CBDC Central bank digital currency Digital ruble Cryptocurrency Dyudikova, E. I. Дюдикова, Е. И. Kunitsyna, N. N. Куницына, Н. Н. Paradoxes of the digital ruble implementation in monetary turnover
description	Russia, which is actively piloting the Digital Ruble project, has become the first country to legislate the turnover of the central bank’s digital currency. At the same time, the embodiment of the competitive balance between “electronic private and digital honest” for the interaction of the information society in a virtual environment, which makes it possible to turn the lack of understanding (indirect participation) into a trust relationship (direct participation) with full optional financial support in the contour of the national metaverse, has not yet been implemented in practice. The relevance and desirability of the study is due to insufficient research on the integration of high-tech financial products into the monetary system in the focus of a full-scale digital transformation of the entire financial system, as well as the lack of a carefully developed legal framework for the implementation of central banks digital currencies on a global scale. The need to achieve this goal determined a phased study of regulatory, statistical and periodic literature using general scientific and special research methods: systemic and interdisciplinary approaches, formal logic, comparative analysis, classification, etc. The authors have found that the digital ruble does not correspond to the category of ideal digital currency in the context of digital (crypto) units and identified the discussion provisions for regulating the transformation processes of the digital ruble implementation into monetary turnover. As a result, we have specified the nature of monetary innovation at the stage of economic bifurcation metamorphoses.
format	Статья
author	Dyudikova, E. I. Дюдикова, Е. И. Kunitsyna, N. N. Куницына, Н. Н.
author_facet	Dyudikova, E. I. Дюдикова, Е. И. Kunitsyna, N. N. Куницына, Н. Н.
author_sort	Dyudikova, E. I.
title	Paradoxes of the digital ruble implementation in monetary turnover
title_short	Paradoxes of the digital ruble implementation in monetary turnover
title_full	Paradoxes of the digital ruble implementation in monetary turnover
title_fullStr	Paradoxes of the digital ruble implementation in monetary turnover
title_full_unstemmed	Paradoxes of the digital ruble implementation in monetary turnover
title_sort	paradoxes of the digital ruble implementation in monetary turnover
publishDate	2024
url	https://dspace.ncfu.ru/handle/123456789/27531
work_keys_str_mv	AT dyudikovaei paradoxesofthedigitalrubleimplementationinmonetaryturnover AT dûdikovaei paradoxesofthedigitalrubleimplementationinmonetaryturnover AT kunitsynann paradoxesofthedigitalrubleimplementationinmonetaryturnover AT kunicynann paradoxesofthedigitalrubleimplementationinmonetaryturnover
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Paradoxes of the digital ruble implementation in monetary turnover

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