Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December

Russian Prime Minister Mikhail Mishustin has told the Ministry of Finance to prepare, together with the Bank of Russia, and submit concrete proposals for the future of the digital financial asset (DFA) market in the Russian Federation by the first day of December. The head of the Russian government issued the order after a meeting devoted to the nation’s financial system, RBC Crypto reported. The top official emphasized that in the current circumstances, DFAs can facilitate uninterrupted payments for imports of goods and Russian exports. The finance ministry and the central bank have been tasked to update Russia’s "Strategy for the Development of the Financial Market until 2030." The document should be revised taking into account the instructions of President Putin and, in the words of Mishustin, the prevailing geopolitical situation.