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The Duma proposes to create a strategic reserve of BTC in Russia
The post The Duma proposes to create a strategic reserve of BTC in Russia appeared on BitcoinEthereumNews.com. A deputy of the State Duma in Russia has suggested creating a strategic reserve in BTC to strengthen the economic stability of the country. Under the example of the USA pole, now the Kremlin could dedicate a part of its balance sheet to the accumulation of cryptocurrency. In the meantime, Putin praises Bitcoin and launches a new favorable tax regime for crypto. All the details below. Russia ready to imitate the USA and build a reserve in BTC: the plan proposed to the Duma The latest news takes us directly to Russia, where State Duma deputy Anton Tkachev has proposed to allocate a strategic reserve in BTC. The member of the “Nuove Persone” party invited his colleagues to consider the plan as a form of protection against the exposure of other Western countries. Allocating a portion of the Kremlin’s budget in Bitcoin could greatly increase the financial stability of Russia, compensating for the inefficiency of other assets. According to what was established by the local media of Moscow, Tkachev has formally submitted this proposal to the Duma to the Minister of Finance Anton Siluanov. The proposal focuses on the limits of traditional currency reserves, denominated in USD, euro, yuan, and rubles. At the same time, the deputy suggests that BTC could offset their inflation, also helping to overcome international sanzioni. Here is what was written verbatim by the legislator of the Duma: “I ask you, dear Anton Germanovich, to assess the feasibility of creating a strategic reserve of Bitcoin in Russia by analogy with state reserves in traditional currencies. If this initiative is approved, I ask you to present it to the government of the Russian Federation for further implementation.” JUST IN: Russian State Duma Deputy Anton Tkachev proposed creating a strategic #Bitcoin reserve in Russia, RIA Novosti reports ????????…
The post The Duma proposes to create a strategic reserve of BTC in Russia appeared on BitcoinEthereumNews.com.
A deputy of the State Duma in Russia has suggested creating a strategic reserve in BTC to strengthen the economic stability of the country. Under the example of the USA pole, now the Kremlin could dedicate a part of its balance sheet to the accumulation of cryptocurrency. In the meantime, Putin praises Bitcoin and launches a new favorable tax regime for crypto. All the details below. Russia ready to imitate the USA and build a reserve in BTC: the plan proposed to the Duma The latest news takes us directly to Russia, where State Duma deputy Anton Tkachev has proposed to allocate a strategic reserve in BTC. The member of the “Nuove Persone” party invited his colleagues to consider the plan as a form of protection against the exposure of other Western countries. Allocating a portion of the Kremlin’s budget in Bitcoin could greatly increase the financial stability of Russia, compensating for the inefficiency of other assets. According to what was established by the local media of Moscow, Tkachev has formally submitted this proposal to the Duma to the Minister of Finance Anton Siluanov. The proposal focuses on the limits of traditional currency reserves, denominated in USD, euro, yuan, and rubles. At the same time, the deputy suggests that BTC could offset their inflation, also helping to overcome international sanzioni. Here is what was written verbatim by the legislator of the Duma: “I ask you, dear Anton Germanovich, to assess the feasibility of creating a strategic reserve of Bitcoin in Russia by analogy with state reserves in traditional currencies. If this initiative is approved, I ask you to present it to the government of the Russian Federation for further implementation.” JUST IN: Russian State Duma Deputy Anton Tkachev proposed creating a strategic #Bitcoin reserve in Russia, RIA Novosti reports ????????…
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