Kalashnikov Eyes Digital Ruble Settlements as Russia Aims to Replace ‘Dirty Money’

Kalashnikov Eyes Digital Ruble Settlements as Russia Aims to Replace ‘Dirty Money’


Kalashnikov Group, the Russian firearms manufacturer, is ready to transition to settlements in digital currency. The announcement came from the international economic forum in Saint Petersburg where the central bank of Russia reaffirmed its intention to replace “dirty” and “infectious” paper cash with the digital ruble that’s currently under development.

Russia’s Kalashnikov Concern Looks Forward to Adopting the Digital Ruble

The leading Russian gunmaker, Kalashnikov Group, would like to switch to digital currency settlements, owner Alan Lushnikov said during the St. Petersburg International Economic Forum. The event held annually in Russia’s second-largest city gathers government officials and business leaders from well over 100 countries who discuss ways to overcome economic barriers between their nations and the Russian Federation. Quoted by TASS, Lushnikov stated:

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What we would expect the banking system to do is to switch to a non-banking system of settlements. Digital currencies are spoken about all the time. This is what we very much need.

A digital

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