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Also, the country’s government intends to introduce strict requirements regarding the backing of stablecoins

The digital lira will be integrated with the identification system and the FAST payment system

According to deputy Anton Gorelkin, the new document will not threaten the ruble as the only means of payment in the country

According to the fund’s representatives, this will allow monitoring of the use of targeted payments and assess the creditworthiness of citizens

The deputies noted that the document has not been completed and contradicted the Constitution

Secondary trading of digital assets is allowed through exchange operators, but so far there is not a single company in the relevant register of the Central Bank

Lawyers at Gofazen & Sherle promised to provide businesses with a legal and convenient way to navigate the new laws

Michael Saylor thinks bitcoin could become the best form of money

The experiment involved the French and German central banks, as well as major financial institutions, including HSBC, Standard Chartered and UBS

Such transactions are carried out in the absence of regulation by the state

Ministry official Ivan Chebeskov noted the need for alternatives to the US dollar and the SWIFT system

Deputy Finance Minister Alexey Moiseev said that control of assets is necessary to prevent their use for illegal purposes