Putin: Russia must "seize the opportunity" to create conditions for the circulation of digital assets

ChainCatcher news, according to Bitcoin.com, Russian President Vladimir Putin has announced that now is the time for Russia to create and increase digital assets and the adoption of the Russian CBDC (digital ruble). More than 30,000 transactions have been conducted during the pilot testing phase of the digital ruble, with over 7,000 transactions constituting payments for goods and services.

According to Russia's official news agency TASS, Putin stated: "As they say, Russia must 'seize the opportunity' to timely establish a legal framework and regulations, develop infrastructure, and create conditions for the circulation of digital assets both domestically and in relations with foreign partners."