Anatoly Aksakov Archives

Russia passes bill legalizing digital assets in bid to avoid international sanctions

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1 August, 2024

Russia passes bill legalizing digital assets in bid to avoid international sanctions

In a desperate move, Russia passed a bill allowing businesses to use digital assets for cross-border trade beginning in September,...

Russia to start using CBDC for international payments in 2025

Finance

Steve Kaaru

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15 June, 2024

Russia to start using CBDC for international payments in 2025

Influential legislator Anatoly Aksakov says CBDC payments will be the norm in the next five years, and Russia will be...

Russia moves ahead with plans to tokenize digital assets for cross-border trade

Business

Wahid Pessarlay

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2 March, 2024

Russia moves ahead with plans to tokenize digital assets for cross-border trade

The State Duma Committee has issued a green light for the proposed digital assets bill to proceed for a second...

Russia hints at programmable CBDC, adding tighter controls

Business

Wahid Pessarlay

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5 September, 2023

Russia hints at programmable CBDC, adding tighter controls

Russia CBDC with programmability features and additional strict protocols may possibly happen as per the State Duma Committee on Financial...

Russian gov’t shelves plan for national digital currency exchange

Business

Wahid Pessarlay

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3 June, 2023

Russian gov’t shelves plan for national digital currency exchange

The previous national digital currency exchange plans drew criticisms over its infrastructure risks and antitrust issues, as well as privacy...

Digital ruble bill submitted to Russia’s State Duma

Business

Wahid Pessarlay

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4 January, 2023

Digital ruble bill submitted to Russia’s State Duma

The new draft bill seeks to make the Bank of Russia the “sole operator” of the digital ruble to the...

Russia’s plans for national digital asset exchange lies in the hands of 2 key agencies

Business

Wahid Pessarlay

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29 November, 2022

Russia’s plans for national digital asset exchange lies in the hands of 2 key agencies

Russia is considering a national digital asset exchange subject to the approval of the Central Bank of Russia and the...

Russia seeks to legalize block reward mining with new bill

Tech

Steve Kaaru

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24 November, 2022

Russia seeks to legalize block reward mining with new bill

The bill, expected to sail through State Duma, makes it legal to sell mined digital assets on foreign platforms as...

Russia eyes use of digital ruble in transacting with China

Business

Wahid Pessarlay

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4 October, 2022

Russia eyes use of digital ruble in transacting with China

As the U.S. fortifies its grip on the global financial system, Russia targets to give sanctions-hit countries an opportunity to...

Moscow Exchange looking to allow digital assets trade on behalf of central bank under proposed bill

Business

Wahid Pessarlay

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29 September, 2022

Moscow Exchange looking to allow digital assets trade on behalf of central bank under proposed bill

Following its approval to use digital assets in cross-border payments, Russia now has its eyes set on digital assets trading...

Russia: Lawmaker proposes adding digital assets exchange division to MOEX

Business

Wahid Pessarlay

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17 July, 2022

Russia: Lawmaker proposes adding digital assets exchange division to MOEX

The head of Russia's State Duma Committee on financial markets, Anatoly Aksakov, has introduced the proposal to launch a regulated...

Russian bill banning use of digital assets as payment passes first reading

Business

Wahid Pessarlay

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18 June, 2022

Russian bill banning use of digital assets as payment passes first reading

The bill proposes to directly prohibit the use of digital financial assets and utilitarian digital rights as a payment method...

Anatoly Aksakov

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