Anton Siluanov News

31.10 / 17:03

markets security Strategy War country social Russia shifts more funds to military in budget draft

Russian government is seeking to reallocate 7 trillion roubles ($72 billion) in its three-year budget draft, with a significant portion of the funds directed towards the military, Finance Minister Anton Siluanov said on Thursday. The draft allocates 13.5 trillion roubles to the military in 2025, accounting for a third of total expenditure or 6.3% of GDP — the highest level since the Cold War. New amendments suggest that this figure could be even higher. For the first time, the share of spending on defence will be double that of social spending. Siluanov told a cabinet meeting that the government has prepared about 900 amendments to the draft.

04.09 / 04:22

markets BBC Trade reports Features Interviews ‘No Consensus on Launching State-run Crypto Exchanges’ – Russian Lawmaker

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

16.08 / 06:18

Bitcoin country Ministers, Central Bank Discuss ‘Creating Russian Crypto Exchanges’

Moscow ministers and the nation’s Central Bank are discussing a plan to “create” Russian crypto exchanges, as the country continues to pivot to cryptoassets.

24.07 / 04:26

markets CBDC Digital Citizens economy President Russian Lawmaker: Our CBDC Won’t Be Cross-border Ready Until 2026

A senior Russian lawmaker says the nation’s CBDC – the digital ruble – will not be ready for cross-border use until 2026.

29.05 / 20:13

UPS Progressive President country Commentary Russia's wealthy elite could face higher income tax as authorities propose a new, progressive system

Russia’s wealthy elite could face higher income taxes

25.03 / 10:01

Central Bank Bill Universities stage country International Russian Central Bank, Ministry of Finance to Settle Crypto Policy Differences

The Russian Ministry of Finance says it wants to settle its long-standing crypto policy differences with the nation’s Central Bank.

28.02 / 05:57

markets CBDC Digital Bill Trade President Russian Allies ‘Very Interested’ in Doing CBDC Business with Moscow – Key Lawmaker

Russian allies are “interested” in using CBDCs like the digital ruble for cross-border settlements, a lawmaker said on February 26.

26.02 / 10:51

BLOCK President country reports politician International Moscow will give ‘symmetrical' response, says minister Anton Siluanov as call to seize frozen Russian assets gets louder

RIA Novosti news service published on Monday. RIA reported that Siluanov’s answer was in response to a question on Russia’s frozen foreign reserves. The group of seven (G-7) nations should be “bolder" in seizing frozen Russian assets, UK Prime Minister Rishi Sunak said in an article published on Sunday.

12.12 / 02:07

CBDC Digital Metro 2024 Russian Central Bank Tempers Talk of 2024 Digital Ruble Rollout

The Russian Central Bank is playing down talk of a 2024 rollout for its digital ruble – insisting that the coin will not be ready for nationwide use before 2025.

11.12 / 07:43

CBDC Digital Citizens 2024 ‘All Russians’ Will Be Able to Use Digital Ruble in 2024 – Moscow

The Russian government wants to fast-track the launch of the digital ruble – and now claims that all citizens will be able to use the CBDC in 2024.

19.10 / 06:35

COST Lowe's Target Reuters Experts show Analysis-Russia's optimistic fiscal plans risk budget revenue shortfall

By Darya Korsunskaya and Alexander Marrow

23.08 / 14:39

BLOCK Citizens country foreign Russia prepares decree to unfreeze and swap assets with foreign investors

By Alexander Marrow

26.04 / 13:11

CBDC Digital Ruble Russian CBDC ‘Ready for Launch by Year’s End’ – What Effect Will Digital Ruble Have?

Russia’s central bank digital currency (CBDC) could be released before 2023 is out, the government has claimed.

03.01 / 17:35

International NOT Russian Finance Ministry Says ‘Why Not?’ to Crypto in International Payments

The Russian Finance Minister has confirmed that his department wants to green-light the use of crypto as a payment tool in international trade. And he says that countries that “want to do business” with Moscow should be allowed to pay in crypto if it is “convenient” for them.

27.06 / 10:11

COST BLOCK Reuters Russia on the brink of historic debt default as payment period expires

Russia could be entering its first major foreign debt default for over a century, after a grace period on two international bond payments lapsed on Sunday night.

21.02 / 04:25

crypto regulation Russian authorities clash on plans for crypto regulation

The Bank of Russia has proposed banning cryptocurrency trading and mining due to the threat digital currencies pose to financial stability. The finance ministry disagrees and President Vladimir Putin has called on authorities to find a consensus. Finance Minister Anton Siluanov told state TV channel Rossiya-24 on Friday that he hoped disagreements could be ironed out and a bill regulating cryptocurrencies passed by the end of the year. He said the government would take the final decision.

18.02 / 14:19

Government Law Bitcoin Crypto bill incoming: Russia’s finance ministry kicks off public comment period

The Ministry of Finance of the Russian Federation has officially initiated work on the country’s cryptocurrency regulation bill, filing the first public notice on the federal legal portal.

17.02 / 18:27

cryptocurrency Ban Central Bank Late Drama Threatens to Disrupt Russian Crypto Regulation Plans

Friday is supposedly D-Day for Russian parliamentarians, who are set to unveil their much-talked-about draft crypto regulation bill – but the drama continues to rumble on, leading some to questions whether the law will indeed pass as quickly as some have hoped.

17.02 / 12:55

Reuters Russian FM says No to Crypto Ban

Russian Finance Minister Anton Siluanov said that cryptocurrencies should not be banned as advocated by the central bank, but instead, the government should fix the ongoing crypto regulation predicament.

16.02 / 17:05

regulation Internet Bitcoin Banning Bitcoin in Russia is 'same as banning the internet,' minister says

Banning cryptocurrencies like Bitcoin (BTC) is impossible, Russia’s finance minister Anton Siluanov declared as the Bank of Russia keeps calling on the state to ban crypto in the country.

15.02 / 18:12

cryptocurrency Central Bank Russian Central Bank & Government Fail to Agree on Crypto Regulation; New Limits Proposed

Senior officials from the Russian government and the Bank of Russia, the country’s crypto-skeptic central bank, did not manage to reach an understanding on the means to regulate the Russian cryptoasset market -- while the Deputy Finance Minister now proposes a buying limit for "unqualified investors" of USD 665.

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