Russian Prime Minister Mikhail Mishustin said that digital financial assets (DFA) can become a safe alternative that will ensure uninterrupted payments in international trade.
During his speech at a strategic session on the development of the domestic financial system, Mishustin said that Russia needs to gradually move away from using the currencies of unfriendly countries. According to him, it is necessary to expand payments in rubles when importing and exporting goods.
“It is necessary to intensively develop innovative areas, including the introduction of digital assets. This is a safe alternative for all parties, which is able to guarantee uninterrupted payment for the supply of goods from abroad and for export,” Mishustin said.
He stressed that the efforts of the government and the Bank of Russia should be directed towards the development of effective tools that meet the challenges of the new time. At the same time, Mishustin pointed out the importance of ensuring the independence of the technical infrastructure and cybersecurity of Russian financial institutions.
In July, the director of Rosfinmonitoring, Yuri Chikhanchin, said that the agency fully allows the use of cryptocurrencies for settlements with foreign suppliers, but such payments are prohibited in Russia. Earlier, the director of the Russian Export Center, Veronika Nikishina, announced that the REC had begun work on creating a “cross-border digital sandbox” for payments in cryptocurrency.
Recall that the Iranian authorities recently approved a law introducing rules for operations with digital assets as a measure to support imports using cryptocurrencies.
Source: Bits
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