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CATEGORY: aksakov


May 01, 2023 05:50

Russian Official Expects Agreement on BRICS Currency This Year

The chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be reached in 2023 as BRICS nations ramp up their de-dollarization efforts to shift away from U.S. dollar reliance. “By linking its economy and currency to politics, the U.S. is practically undermining the foundations of [...]

The post Russian Official Expects Agreement on BRICS Currency This Year appeared first on Crypto Breaking News.

Jun 28, 2023 01:20

State Duma Chairman of Financial Markets Committee: Russia to Exert ‘Serious’ Control Over Crypto After Legalization

Anatoly Aksakov, chairman of the Financial Markets Committee of the State Duma, the lower chamber of the Federal Assembly in Russia, has remarked that the government intends to hold “serious” control over crypto after it is legalized. According to local reports, Aksakov also stated that crypto users were looking forward to this legalization to use

The post State Duma Chairman of Financial Markets Committee: Russia to Exert ‘Serious’ Control Over Crypto After Legalization appeared first on BTC Ethereum Crypto Currency Blog.

Jul 21, 2023 02:10

Kids Won’t Be Able to Spend Mom’s Digital Ruble as They Wish, Russian Official Says

The new form of Russia’s fiat, the digital ruble, will make spending more efficient for both government and family budgets, according to a high-ranking lawmaker. Anatoly Aksakov, who was involved in the recent adoption of the new digital ruble legislation, highlighted some of the advantages of programmable central bank money as he sees them. Central [...]

The post Kids Won’t Be Able to Spend Mom’s Digital Ruble as They Wish, Russian Official Says appeared first on Crypto Breaking News.

May 19, 2023 01:20

Digital Ruble Law Likely to Be Passed in June According to Russian Official

The digital ruble law project, which was already discussed and approved in its first reading, could be passed in June, according to Anatoly Aksakov, chairman of the Duma’s Financial Markets Committee. The Bank of Russia is currently waiting for the enactment of this ruleset to conduct a live test of the CBDC’s (central bank digital

The post Digital Ruble Law Likely to Be Passed in June According to Russian Official appeared first on BTC Ethereum Crypto Currency Blog.

May 17, 2023 02:11

Tax Authority Slated to Become Main Crypto Regulator in Russia

Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the regulatory concept that’s currently under consideration, the revenue service will also serve as an entry point for market participants. Russians to Report Crypto Holdings and Transactions to Their Tax Service [...]

The post Tax Authority Slated to Become Main Crypto Regulator in Russia appeared first on Crypto Breaking News.

May 14, 2023 01:10

Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says

Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital assets in cross-border settlements, the official noted. Russian Legislature to Vote on Crypto Laws by End of July The State Duma, the lower house of

The post Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says appeared first on BTC Ethereum Crypto Currency Blog.

Jul 13, 2023 02:10

Russian State Duma Passes Digital Ruble Law

The State Duma, the lower house of the Russian Federal Assembly, discussed and passed the Digital Ruble law in its second and third discussion on July 11. The law will allow the Central Bank of Russia, as the sole regulator of the proposed digital currency, to organize a pilot test slated for August. State Duma [...]

The post Russian State Duma Passes Digital Ruble Law appeared first on Crypto Breaking News.

Jun 02, 2023 10:30

Largest Russian Bank Sberbank Opens Developer Access to in-House Defi Platform

Sberbank, the largest bank in the Russian Federation, announced that it opened access to its in-house decentralized finance (defi) platform to allow developers to test its capabilities. Reports indicate that Sberbank’s Comunity, the Ethereum-based blockchain decentralized finance solution, will leave the open testing phase later this year. Sberbank Opens Defi Platform for Testing Sberbank, one [...]

The post Largest Russian Bank Sberbank Opens Developer Access to in-House Defi Platform appeared first on Crypto Breaking News.

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