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Putin: Russia must "seize the moment" to create conditions for the circulation of digital assets

Putin: Russia must "seize the moment" to create conditions for the circulation of digital assets

Cointime2024/07/19 06:10
By: Cointime
BTC+0.08%

According to Bitcoin.com, Russian President Vladimir Putin announced that now is the time for Russia to create the necessary environment for increasing digital assets and adopting the Russian CBDC (digital ruble). Over 30,000 transactions have already been conducted in the pilot testing phase of the digital ruble, with over 7,000 transactions constituting payments for goods and services.According to the Russian official news agency TASS , Putin said, "As they say, Russia must 'seize the moment,' timely establish a legal framework and regulations, develop infrastructure, and create conditions for the circulation of digital assets domestically and in cooperation with foreign partners."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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