Digital financial assets (DFA) have been issued in the Russian Federation for less than a year, the total volume of their issue has already reached about 2 billion rubles. This was announced by the head of the Atomize tokenization platform Ekaterina Frolovicheva, writes TASS.
Atomize received the status of an information system operator on February 3, 2022. However, this date cannot be considered the first trading day, since the tax component took several more months.
According to Frolovicheva, the Russian market is currently dominated by the class of debt instruments, not investment instruments. The ratio could be changed by improving the tax legislation in relation to hybrid digital law.
“This is a unique feature that is not found in any type of exchange and paper instruments. [Она] allows the client to choose how you want to redeem your financial instrument: in cash or with the balance of a specific asset, which is extremely attractive and there is a demand for this in the current, volatile market,” added the head of Atomize.
According to the legislation of the Russian Federation, hybrid digital rights combine the properties of DFA and utilitarian digital rights. These can be stablecoins without the possibility of settlements and NFTs.
Recall that at the moment, the Atomyze platform, Lighthouse, Sberbank, Alfa-Bank and Masterchain have licenses to issue CFA in the Russian Federation.
According to the Central Bank of the Russian Federation, as of November 2022, the first three operators carried out a total of 15 issues of digital financial assets for a total of 170 million rubles.
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!
Digital financial assets (DFA) have been issued in the Russian Federation for less than a year, the total volume of their issue has already reached about 2 billion rubles. This was announced by the head of the Atomize tokenization platform Ekaterina Frolovicheva, writes TASS.
Atomize received the status of an information system operator on February 3, 2022. However, this date cannot be considered the first trading day, since the tax component took several more months.
According to Frolovicheva, the Russian market is currently dominated by the class of debt instruments, not investment instruments. The ratio could be changed by improving the tax legislation in relation to hybrid digital law.
“This is a unique feature that is not found in any type of exchange and paper instruments. [Она] allows the client to choose how you want to redeem your financial instrument: in cash or with the balance of a specific asset, which is extremely attractive and there is a demand for this in the current, volatile market,” added the head of Atomize.
According to the legislation of the Russian Federation, hybrid digital rights combine the properties of DFA and utilitarian digital rights. These can be stablecoins without the possibility of settlements and NFTs.
Recall that at the moment, the Atomyze platform, Lighthouse, Sberbank, Alfa-Bank and Masterchain have licenses to issue CFA in the Russian Federation.
According to the Central Bank of the Russian Federation, as of November 2022, the first three operators carried out a total of 15 issues of digital financial assets for a total of 170 million rubles.
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!
