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    Will Russia begin purchasing Bitcoin for reserves by March 31, 2025?

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    Resolution / Starting Odds

    Yes50%

    No50%

    Statements from Russian financial authorities or credible financial news reports

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    Russian Deputy Anton Tkachev Proposes Bitcoin Reserve to Counter U.S. Sanctions

    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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