The State Duma is going to adopt the corresponding law in December.
“In the near future we will adopt amendments to the legislation that will allow some digital financial assets to be used for international payments. The amendments have already been prepared and, I assume, will be adopted by the end of the year. Accordingly, they will begin to operate from next year,” said a senior lawmaker.
The State Duma is currently preparing a draft law for the second reading.
“We very much hope that digital technologies will be actively introduced into our lives,” Aksakov declared.
DFAs are considered a legal replacement for cryptocurrencies, they are easily regulated by regulatory agencies and are issued only by large financial market players close to the state.
Recently, the largest Russian state bank, Sber, announced that it was able to conduct the country’s first test lending transaction with collateral in the form of a DFA. The loan was received by the Datsik group of companies, which manages the Omega shopping center in Togliatti.
The largest DFA operator, Atomize, reported that the analytical credit rating agency (ACRA) assigned a credit rating of BBB+ (RU) to the issue of PR-Leasing DFA.
Source: Bits
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