June 6, 2023

Digital financial assets. The bill was adopted in the second reading

Digital financial assets (DFA) will be able to issue any legal entities (commercial and non-commercial organizations) and individual entrepreneurs outsidedepending on the residence, and everyone who wants to buy it. Such norms are contained in the bill "On digital financial assets, digital currency and on amendments to certain legislative acts of the Russian Federation", which the State Duma adopted today in the second reading.

The adoption of the bill will translatedigitalized traditional financial instruments and expand alternative ways to attract investment, protect investors and citizens from financial pyramids and other fraudulent schemes, and will also contribute to the development of innovative technologies.

Details here