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RUSSIA'S ECONOMY

Putin reins in cryptocurrency supply in Russia

Putin noted earlier that it was necessary to establish some rules to regulate circulation of cryptocurrencies in the country

© Vyacheslav Prokofiev/TASS

MOSCOW, October 11. /TASS/. The issuance and circulation of cryptocurrencies in Russia should be controlled by the state, the relevant decision was made at a meeting with President Vladimir Putin on Tuesday, Finance Minister Anton Siluanov told reporters.

"The president voiced the issues related to cryptocurrencies. This includes difficulties of compliance with anti-money laundering legislation and cases related to complications of identification. That is why we agreed that the state should control the process of cryptocurrency emission and its circulation. The state should take control over it," the minister said.

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According to Siluanov, it is necessary to design and adopt bills to regulate the mining and circulation of cryptocurrencies.

"I won’t speak about specific parameters now but in general we agreed that the state should take a lead in this process and to regulate it on the legislative level," the finance minister said.

On October 10, in Sochi, Putin held a meeting that focused on cryptocurrencies. He noted that it is necessary to institute the circulation of cryptocurrencies in Russia and at the same time not to create unnecessary barriers. The meeting was attended by Presidential Aide Andrei Belousov, Finance Minister Anton Siluanov, Russian Central Bank Head Elvira Nabiullina, her deputy Olga Skorobogatova, and Qiwi Russian payment service CEO Sergey Solonin.

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US journalist calls US President Joe Biden’s government 'the fascist state'

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Xi Jinping calls for unification of more voices for peace in Ukraine

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NATO enters conflict, Russia has every right to attack its targets now — expert

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China slams US nuclear policy for undermining global stability

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Weapons supplied to Ukraine cannot reach Russian territory, Spanish defense minister says

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Moscow hopes West will thoroughly analyze Russia's nuclear doctrine — ambassador

Andrey Kelin also recalled that the policy of the Russian leadership enjoys the full support and confidence of the country's population

China holds US responsible for disrupted defense ministers' meeting in Laos

Wu Qian stated that the United States must immediately correct its mistakes, "honestly respect China’s main interests, and seek to create favorable conditions for high-level contacts between the military of the two countries"

US-led coalition aircraft violate Syrian airspace 14 times in past day

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US strategic forces ready for Biden-Trump transition — Pentagon

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US Congressman urges to impeach Biden for allowing strikes deep into Russia

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Trump to continue using Ukraine to contain Russia — Valdai program director

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Captives, Ukrainian losses: situation in Kursk Region

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Russian army pushes Ukraine out of Kurakhovo water reservoir’s north shore

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Russian forces successfully advancing in all areas in special military op zone — Putin

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Press review: US lets Kiev use anti-personnel mines and Iran may halt uranium enrichment

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Russian troops liberate Dalneye community in Donbass region over past day

Russia’s Battlegroup South inflicted roughly 380 casualties on Ukrainian troops and destroyed a British-made howitzer and four US-made artillery guns in its area of responsibility over the past day

Russia hit Ukrainian military-industrial facility in response to use of Western missiles

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Biden’s decision to use ATACMS against Russia may 'blow up in America’s face' — US expert

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US not seeking confrontation with Russia, but will continue assistance to Kiev — Pentagon

Department of Defense Deputy Press Secretary Sabrina Singh also claimed that Washington, while helping Ukraine, is not attempting to turn the conflict into a large-scale regional confrontation that spills beyond the country’s borders

Preliminary data shows anti-ship missile downed over Sevastopol waters — official

Governor Mikhail Razvozhayev said that all emergencies services currently work in the high alert mode

Trump may soon start talks with Russia following Biden’s decision on ATACMS — news agency

According to Andreas Kluth, the decision on ATACMS may have been another attempt by the current Washington administration to provide Ukraine with support until the president-elect comes to power

Russia not obliged to notify anyone about launch of intermediate-range missile — Kremlin

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US, NATO decision on strikes continues policy of escalation — Putin

"Experts are well aware - and the Russian side has repeatedly underscored this - that it is impossible to use these weapons without direct participation of military specialists from the countries that produce these weapons," the president said

Press review: Uranium costs soar as Moscow updates nuclear doctrine and US OKs attacks

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Russian embassy warns UK about dangers of calling for Moscow’s ‘defeat’

According to th statement, London is promoting new rounds of escalation

Enemy has no countermeasures for Russia’s Oreshnik missile — Putin

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