{"id":95325,"date":"2020-10-22T19:24:35","date_gmt":"2020-10-22T16:24:35","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/the-cryptoruble-is-the-future-says-russian-policymaker\/"},"modified":"2020-10-22T19:24:35","modified_gmt":"2020-10-22T16:24:35","slug":"the-cryptoruble-is-the-future-says-russian-policymaker","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/the-cryptoruble-is-the-future-says-russian-policymaker\/","title":{"rendered":"# \u2018The cryptoruble is the future\u2019 says Russian policymaker"},"content":{"rendered":"

“# \u2018The cryptoruble is the future\u2019 says Russian policymaker <\/strong>”
\n<\/p>\n

Anatoly Aksakov, the head of the Russian parliament\u2019s Financial Markets committee, had some good news<\/a> for blockchain fans in Russia. According to Aksakov, there are \u201cno anti-blockchain voices\u201d in the government and he believes that a digital ruble pilot will start in 2021.<\/p>\n

During a panel held on October 21 as part of the\u00a0Blockchain Life 2021 conference<\/a>, the policymaker said<\/a> that the central bank had already started consultations on the feasibility of launching \u2018cryptoruble\u2019 pilots. He considers it \u201cthe future of all our money circulation.\u201d<\/p>\n

Local media<\/a> reports have pointed out<\/a> the possibility of seeing a digital ruble in circulation in late 2021, which could be used on DLT platforms, and businesses could be able to leverage it to track goods and payments.<\/p>\n

Aksakov also told the app<\/a>roximate 3,000 people in attendance:<\/p>\n

“I know that a large number of serious businesspeople are preparing to issue digital assets. The Central Bank has taken a big step forward by announcing that it is starting consultations on the matter of digital assets.”<\/p><\/blockquote>\n

As Cointelegraph reported on October 16, at least five Russian banks are interested in taking part in Russia\u2019s non-public digital ruble pilots in the first half of 2021.<\/p>\n

The list of banks includes state-backed Promsvyazbank, the Credit Bank of Moscow, commercial bank Zenit, mortgage bank Dom.RF, and Crimea\u2019s Russian National Commercial Bank.<\/p>\n

However, Aksakov clarified that the Russian government draws a clear distinction between blockchain and cryptocurrency. For blockchain, he calls it the \u201ctechnology<\/a> of the future,\u201d but for crypto, he commented:<\/p>\n

“There are currently two equal positions on cryptocurrencies. The main opposition to cryptocurrencies is coming from the high-risk it poses for financial institutions, ordinary people. This side is trying to foresee all the risks involved and possible reactions to them.”<\/p><\/blockquote>\n<\/div>\n

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If you want to read more News articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“# \u2018The cryptoruble is the future\u2019 says Russian policymaker ” Anatoly Aksakov, the head of the Russian parliament\u2019s Financial Markets committee, had some good news for blockchain fans in Russia. According to Aksakov, there are \u201cno anti-blockchain voices\u201d in the government and he believes that a digital ruble pilot will start in 2021. During a…<\/p>\n","protected":false},"author":1,"featured_media":95326,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.eu-central-1.amazonaws.com\/s3.cointelegraph.com\/uploads\/2020-10\/8803fb3b-b3c8-4e83-a29b-aa27916dcd79.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75046,74355,70934,4975],"class_list":["post-95325","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cbdc","tag-adoption","tag-regulation","tag-russia"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/95325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=95325"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/95325\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/95326"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=95325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=95325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=95325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}