Articles for tag: Anton Tkachev, Bitcoin reserve, cryptocurrency strategy, digital currencies, economic sanctions, Financial Stability, Russia

December 10, 2024

Russian Lawmaker Proposes Strategic Bitcoin Reserve to Address Geopolitical Challenges and Strengthen National Economy

A member of Russia’s State Duma has suggested establishing a national Bitcoin reserve, aiming to use cryptocurrency to combat economic sanctions and achieve financial stability. This proposal, introduced by Anton Tkachev, comes after President Putin’s positive remarks about Bitcoin. Tkachev believes that a Bitcoin reserve could serve as a safeguard against inflation and currency instability, ...

December 5, 2024

Market News

Crypto

Putin Considers Bitcoin as Russia’s Frozen Reserves Highlight Need for Alternative Assets

Russian President Vladimir Putin recently suggested that bitcoin could be a better alternative to foreign currency reserves, raising questions about their effectiveness amid heavy Western sanctions since the Ukraine war began in 2022. He criticized the freezing of about $300 billion in Russian reserves, claiming it harms the US dollar’s global standing. Putin emphasized that ...

December 4, 2024

Market News

Crypto

Putin Asserts Bitcoin and Digital Assets Can’t Be Banned: The Future of Cryptocurrency Explained

During a recent speech at the VTB ‘Russia Calling’ Investment Forum, Russian President Vladimir Putin emphasized that it is impossible to ban Bitcoin and digital currencies. He noted that these innovations will continue to evolve as people seek more cost-effective and reliable financial solutions. Additionally, Russia has officially recognized digital currencies as property for foreign ...