Anatoly Aksakov – DIGIT INFO

Head of the State Duma’s Financial Market Committee: National Digital Currencies to Be Considered for Bilateral Settlements Between China and Russia

DIGIT — Thu, 05 Sep 2024 22:46:11 +0000

Anatoly Aksakov, head of the State Duma’s Financial Market Committee, has discussed the use of national digital currencies for bilateral settlements between Russia and China. In a recent interview with Russian media, Aksakov stated that these instruments will be considered for such settlements as soon as the regulatory and technological platforms for this task are […]

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State Duma Financial Market Committee Leader Envisions Bitcoin and Digital Ruble Exchanges

DIGIT — Fri, 02 Aug 2024 22:30:18 +0000

Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of Representatives, has predicted that bitcoin and digital ruble exchanges will become a reality in the coming years. Aksakov also foresees the need for digital ruble-based P2P markets to serve this goal in the future. Russians […]

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Leader of Russian State Duma’s Financial Market Committee Labels ‘Hamster Kombat’ a ‘Scam’ and Calls for Its Termination

DIGIT — Tue, 23 Jul 2024 05:30:38 +0000

Anatoly Aksakov, the Chairman of the Russian State Duma Committee on the Financial Market, has stated that ‘Hamster Kombat’, a popular tap-to-earn game, should be stopped in Russia. Aksakov emphasized that ‘Hamster Kombat’ manipulates the psyche of citizens, leading them to believe that they can become wealthy with minimal effort through playing this type of […]

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Cross-Border Digital Ruble Payments May Become a Reality in 2026

DIGIT — Mon, 22 Jul 2024 21:30:47 +0000

Generalized international settlements using the Russian digital ruble will not be available until 2026, according to statements from Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market. Aksakov stated that in 2025, authorities plan to expand the current pilot stage to implement these transactions within Russia. Subsequently, they will generalize and test […]

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Russian State Duma Official: International CBDC Settlements to Become ‘Common Practice’ in 5 Years

DIGIT — Fri, 07 Jun 2024 16:44:14 +0000

Anatoly Aksakov, Chairman of the Russian State Duma Financial Markets Committee, has predicted that international trade will migrate to CBDC for settlements during the next five years. Aksakov stressed that not many countries have made progress using these digital currencies, but he believes this will be addressed soon. Russian State Duma Official Bets on National […]

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Russia to Enact a Ban on Domestic Operations Of Cryptocurrency Exchanges

DIGIT — Tue, 30 Apr 2024 17:12:51 +0000

Russia is preparing to enact a ban on the organization of cryptocurrency exchanges in the country via the approval of a bill that regulates mining activities. According to statements made by Russian Duma Financial Market Chairman Anatoly Aksakov, digital financial assets like the digital ruble will be allowed to circulate. State Duma to Enact Ban […]

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Russian Duma Financial Market Chairman States Digital Financial Assets Might Replace Fiat for International Payments

DIGIT — Fri, 19 Apr 2024 05:22:28 +0000

Chairman of the Russian State Duma Committee on the Financial Market Anatoly Aksakov stated that digital financial assets, issued by institutions regulated by the central bank, could replace fiat channels for international settlements. Aksakov also acknowledged that while not being controlled for this use case, digital assets were already being used to settle international payments. […]

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Russia Introduces Bill to Apply Money Laundering Controls to Digital Ruble Transactions

DIGIT — Wed, 20 Mar 2024 08:00:56 +0000

A group of lawmakers in Russia introduced a bill that would extend money laundering controls to digital ruble transactions. The proposal, spearheaded by the Chairman of the State Duma Committee on the Financial Market Anatoly Aksakov, establishes different responsibilities for platform participants and the Central Bank of Russia, which is appointed as the main AML […]

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Russian Official Expects Agreement on BRICS Currency This Year

DIGIT — Sun, 30 Apr 2023 23:19:56 +0000

The chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be reached in 2023 as BRICS nations ramp up their de-dollarization efforts to shift away from U.S. dollar reliance. “By linking its economy and currency to politics, the U.S. is practically undermining the foundations of […]

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Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit

DIGIT — Thu, 26 Jan 2023 23:30:09 +0000

Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted. The matter has been discussed during a recent visit to Iran where officials have also signaled interest in such an initiative. Iran and Russia Talk Stablecoin Payments for Bilateral Trade Settlements The Russian […]

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