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Russian State Duma Deputy Anton Tkachev directed a letter to the Ministry of Finance to consider creating a strategic bitcoin reserve akin to the one that exists for traditional currencies. Tkachev highlighted that bitcoin could serve both as a store of value and as an opportunity to reap profits. Russian State Duma Deputy Opens Strategic … Read more
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 not many countries have made progress using these digital currencies, but he believes this will be addressed soon. Russian State Duma Official Bets on National … Read more
Elvira Nabiullina, head of the Russian central bank, has stated that the mass launch of the digital ruble will take five to seven years. This appears to contradict recent suggestions by the chairman of the State Duma Committee on the Financial Market that the launch will begin next year. No Decision Before 2025 Elvira Nabiullina, … Read more
