All by tag: Russia

Olga Skorobogatova, First Deputy Governor of the Bank of Russia, also added that a roadmap for implementing the asset into the financial system will appear at the end of 2023

In the second phase of the pilot launch, the asset will be integrated into smart contracts

The institute’s analysts argue that economic sanctions will be ineffective against such an asset

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The department suggests that digital assets should not be used as a means of payment, but that transactions should be formalized as barter in private transactions

Over the next two years, the data center operator intends to increase its capacity to 2 GW

Local authorities believe that the new technology can be used to communicate more effectively with citizens and to keep accounting for the city economy

The regulator has proposed to include cryptocurrency mining in the All-Russian Classifier of Economic Activities

Atomyze expects to achieve these results by integrating with the services of Tinkoff Bank and the cybersport project “Games of the Future”

Representatives of the REC consider the use of digital payment means as an alternative option for international settlements under restrictions

Elvira Nabiullina also noted that digital assets should not be used in organized trading within the country because of their volatility

According to Deputy Anatoly Aksakov, the relevant departments are leaning towards a decision to tighten controls on digital assets and mining