Russian State Duma Deputy Proposes Strategic Bitcoin Reserve

Russian State Duma Deputy Proposes Strategic Bitcoin Reserve

Moscow/Wikimedia Commons

Today, Russian State-owned news agency in the United States, RIA NovostiThe report stated that State Duma Deputy Anton Tkachev Proposed creating a bitcoin strategic reserve RussiaClaiming to possess a document.

TkachevThe. New People Party sent the proposal Russia’s Finance Minister, Anton SiluanovCreate a reserve of bitcoins similar to Russia’s traditional currencies reserves.

“I ask you, dear Anton GermanovichAssessing the feasibility of creating an international strategic reserve for bitcoin Russia by analogy with state reserves in traditional currencies,” the document reportedly stated. “If If you approve this initiative, please submit it to your government. Russian Federation for further implementation.”

“In Due to the limited availability of traditional payment systems in countries subjected to sanctions, cryptocurrency is becoming almost the sole instrument available for international commerce. The Central Bank The following are some examples of how to use Russia is already preparing to launch an experiment in cross-border settlements in cryptocurrency,” the document reportedly goes on to explain.

Tkachev’s document explains that creating a strategic Bitcoin Reserve could be enhanced Russia’s financial stability, noting that traditional currency reserves such as the dollar, euro, and yuan are all subject to inflation and sanctions, and that a new alternative independent of any individual country is needed.

This The trend continues to be that countries are building a bitcoin strategic reserve. United States, El Salvador, Brazil, PolandYou can also find other similar words. An The initiative is led by United States You can also find out more about the following: President-elect Donald TrumpThe U.S. wants to establish a Bitcoin reserve consisting of more than 1,000,000 bitcoins. This has attracted certain attention. Russian officials.

Just five days ago, Russian The President of the United States, Vladimir Putin Publicly stated, no one is allowed to prohibit or ban the use BitcoinAnd that it will continue developing. Earlier This year’s theme is “This Year, Putin The new law was also approved by the President. Bitcoin The country has a cryptocurrency mining industry.

Read the article:  The Rise The following are some examples of how to use Crypto Index InvestingA Strategic Approach You can also find out more about the following: Navigating Volatility The following are some examples of how to get started: Risk
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John Lesley is an experienced trader specializing in technical analysis and forecasting of the cryptocurrency market. He has over 10 years of experience with a wide range of markets and assets - currencies, indices and commodities.John is the author of popular topics on major forums with millions of views and works as both an analyst and a professional trader for both clients and himself.

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