On the morning of August 26, Chinese President Xi Jinping will meet with Russian State Duma President Volodin at the Great Hall of the People in Beijing.
On August 26, Chinese President Xi Jinping met with Russian State Duma President Volodin in Beijing.
According to RIA Novosti, the Russian Ministry of Defense said that Russia and Ukraine completed a three-day prisoner exchange.
Russia's CPI rose by 0.33 percent in the week ending Dec. 23, and inflation this year has reached 9.5 percent, according to the latest weekly data released Wednesday by Russia's National Statistics Agency. The data comes after the Bank of Russia's surprise decision last week to leave its key interest rate unchanged at 21 percent. The regulator said recent tightening policies have created favorable conditions to reduce inflation to its target of 4 percent. Andrei Gangan, head of the central bank'...
The representative of the Russian State Duma, Anton Tkayev, has proposed to Finance Minister Anton Siluanov the establishment of a strategic bitcoin reserve to counter financial risks posed by geopolitical instability.
The Russian State Duma is working on a bill to apply anti-money laundering measures to the digital ruble platform. According to the State Duma Committee on financial marekt, now is the time to pass this bill allowing banks to block suspicious transactions. Once approved, the bill will come into force on January 1, 2025.
Anatoly Aksakov, chairperson of the financial marekt committee of the Russian State Duma, said that the Russian Central Bank and the Ministry of Finance are working on regulations to establish rules for cross-border transfers of cryptocurrencies. The government aims to complete these regulations by the end of November. The Russian government will first test cryptocurrency payment mechanisms under an experimental legal regime (EPR), meaning that only selected players such as credit institutions a...
The Russian State Duma has proposed a bill to regulate cryptocurrency mining, aimed at curbing illegal activities and promoting investment and employment. The bill, proposed by the chairperson of the Duma's financial marekt committee and supported by key deputies, requires strict guidance for miners, including registration and government supervision. If passed, the law will come into force on September 1.
Anatoly Aksakov, chairperson of the financial marekt committee of the Russian State Duma, said universal international settlement using the Russian digital ruble would not be realized until 2026. By 2025, the authorities plan to expand the current pilot phase to implement these transactions within Russia, Aksakov said, after which the authorities will roll out and test their functionality at home and abroad.