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What will be the impact of the Bitcoin reserve proposal on Russia's financial security by December 31, 2025?
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Resolution / Starting Odds
Significant positive impact • 25%
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Economic reports from Russian government or international financial institutions
Story
Russian Deputy Anton Tkachev Proposes Bitcoin Reserve to Counter U.S. Sanctions
Dec 9, 2024, 09:57 PM
Anton Tkachev, a deputy in Russia's State Duma from the 'New People' party, has officially proposed to Finance Minister Anton Siluanov the creation of a strategic Bitcoin reserve to strengthen Russia's financial security and counteract international sanctions, particularly those imposed by the United States, according to reports by RIA Novosti. Tkachev suggests that establishing a Bitcoin reserve, modeled on traditional currency reserves, would enhance the nation's economic stability, foster innovation in crypto-backed assets, and provide resistance against geopolitical challenges amid rising global interest in digital assets.
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