"The Russian digital financial assets market is just over a year old

[tanjimajuha20]

His was announced at the international forum Kazan Digital Week by Dmitry Ishchenko, Deputy General Director of the FinTech Association. He noted that in terms of the implementation of digital financial assets, Russia is in a leading position in the world, and the overwhelming share of digital financial asset issues is an analogue of short-term bonds or loans with a maturity of several months. Also, since June 2022, digital financial assets have been issued for precious metals, for the cost of a square meter, and for the amount of dividends on shares of a public joint-stock company.

. The first placement of colombia whatsapp resource digital assets in our country took place on June 28, 2022. A year later, according to the Bank of Russia, the volume of the digital financial assets market already exceeded RUB 25 billion, with 51 issuers and 108 issues placed. The number of users of information systems exceeded 45 thousand. 90% of the placed issues were transactions made in 2023. It also follows from the Bank of Russia data that the volume of "market" placements reached RUB 22 billion, and over 23 thousand investors became owners of digital financial assets under the incentive program. The flexibility of assets can be seen in the example of completed issues. Digital financial assets are already being issued by open and closed subscription in volumes from RUB 1 thousand to RUB 15 billion and for terms from 1 month to five years. The yield on issues varies from 0% per annum to 730% per annum," said Dmitry Ishchenko.

Dmitry Aksakov, Executive Director of the State Development Corporation VEB.RF, believes that it is necessary to align as much as possible both the regulation and tax legislation related to digital financial assets and traditional instruments: "This is necessary so that digital financial assets can demonstrate their potential to the maximum extent possible and show the financial market their capabilities through technology. The advantage of digital assets is that they provide transparency through blockchain and obligation through smart contracts. In simple terms, this is an understanding on the part of the lender that the borrower will definitely return the money to him on the appointed date, subject to the fulfillment of previously agreed conditions. It is impossible not to transfer them. This obligation is clearly recorded and will be used if the circumstances that the parties agree on in advance are met. Guaranteed payments are a very important tool for attracting investors to projects. When they think about whether to invest in a particular project or not, they look not only at the idea of ​​the project, but also at the various risks of structuring transactions. They make sure that everything is spelled out correctly in the legal contract, and the borrower cannot refuse to pay. In addition, digital financial instruments provide flexibility in structuring financial instruments. It is possible to offer a huge number of options and combinations that do not yet exist on the market. As for the launch of this market, it is very important that the first cases are successful without deception from investors and defaults. So far, things are going well with the first launches."