The Russian Finance Ministry has confirmed it will not consider adding cryptocurrencies to its national reserves, despite global discussions on digital adoption.
Rejection of Crypto Reserves
Deputy Finance Minister Vladimir Kolychev stated that there are no plans to change the fund’s asset composition. When asked about potential changes, he simply responded, "No. Gold and yuan." The ministry also confirmed it has not engaged in discussions about recent U.S. cryptocurrency policies.
Conditions for Cryptocurrency Inclusion
Russia has outlined a possible condition for including cryptocurrencies in its reserves. According to Kolychev, if the country accumulates 7-10% of GDP in risk-free, liquid assets, the ministry could reconsider integrating digital assets into the fund.
Global Context
While Russia focuses on gold and yuan for stability, the U.S. is actively working on a crypto reserve strategy. The White House hosts a Crypto Summit with industry leaders and government officials.
Russia remains committed to its strategy of focusing on stable and predictable investments, while the world gradually integrates digital assets into economic systems.
