Auto Added by WPeMatico

Head of the State Duma’s Financial Market Committee: National Digital Currencies to Be Considered for Bilateral Settlements Between China and Russia

Anatoly Aksakov, head of the State Duma’s Financial Market Committee, has discussed the use of national digital currencies for bilateral settlements between Russia and China. In a recent interview with…

Continue ReadingHead of the State Duma’s Financial Market Committee: National Digital Currencies to Be Considered for Bilateral Settlements Between China and Russia

State Duma Financial Market Committee Leader Envisions Bitcoin and Digital Ruble Exchanges

Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of Representatives, has predicted that bitcoin and digital ruble exchanges will…

Continue ReadingState Duma Financial Market Committee Leader Envisions Bitcoin and Digital Ruble Exchanges

Leader of Russian State Duma’s Financial Market Committee Labels ‘Hamster Kombat’ a ‘Scam’ and Calls for Its Termination

Anatoly Aksakov, the Chairman of the Russian State Duma Committee on the Financial Market, has stated that ‘Hamster Kombat’, a popular tap-to-earn game, should be stopped in Russia. Aksakov emphasized…

Continue ReadingLeader of Russian State Duma’s Financial Market Committee Labels ‘Hamster Kombat’ a ‘Scam’ and Calls for Its Termination

Cross-Border Digital Ruble Payments May Become a Reality in 2026

Generalized international settlements using the Russian digital ruble will not be available until 2026, according to statements from Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market.…

Continue ReadingCross-Border Digital Ruble Payments May Become a Reality in 2026

Russian State Duma Official: International CBDC Settlements to Become ‘Common Practice’ in 5 Years

Anatoly Aksakov, Chairman of the Russian State Duma Financial Markets Committee, has predicted that international trade will migrate to CBDC for settlements during the next five years. Aksakov stressed that…

Continue ReadingRussian State Duma Official: International CBDC Settlements to Become ‘Common Practice’ in 5 Years

Russia to Enact a Ban on Domestic Operations Of Cryptocurrency Exchanges

Russia is preparing to enact a ban on the organization of cryptocurrency exchanges in the country via the approval of a bill that regulates mining activities. According to statements made…

Continue ReadingRussia to Enact a Ban on Domestic Operations Of Cryptocurrency Exchanges

Russian Duma Financial Market Chairman States Digital Financial Assets Might Replace Fiat for International Payments

Chairman of the Russian State Duma Committee on the Financial Market Anatoly Aksakov stated that digital financial assets, issued by institutions regulated by the central bank, could replace fiat channels…

Continue ReadingRussian Duma Financial Market Chairman States Digital Financial Assets Might Replace Fiat for International Payments

Russia Introduces Bill to Apply Money Laundering Controls to Digital Ruble Transactions

A group of lawmakers in Russia introduced a bill that would extend money laundering controls to digital ruble transactions. The proposal, spearheaded by the Chairman of the State Duma Committee…

Continue ReadingRussia Introduces Bill to Apply Money Laundering Controls to Digital Ruble Transactions

Bill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia

A bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor…

Continue ReadingBill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia

Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says

The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly…

Continue ReadingRussia’s First Digital Financial Assets Expected This Year, Lawmaker Says