Putin Urges Widespread Adoption of Digital Ruble
MOSCOW (Sputnik) - It is important for Russia not to miss the moment, to timely set up the legal framework and regulation for the circulation of digital financial assets (DFAs), Russian President Vladimir Putin said on Wednesday.
"It is important for us in Russia, as they say, not to miss the moment, to set up a legal framework and regulation in a timely manner, to develop infrastructure, to create conditions for the circulation of digital assets, both within the country and in relations with foreign partners," Putin said at the meeting on economic issues via video link.
Putin also called digital currencies a dynamic and promising sector that was becoming increasingly popular globally.
Russia has already made serious progress in the development and regulation of the circulation of digital financial assets, the president also noted.
"We have already made serious progress in this area [controlling the circulation of digital assets], and colleagues today, I hope, will report on the current results and future plans," he said.
