September 13, 2025Sep 13, 2025
KCNA Pyongyang Times

Putin refers to use of digital currency

Date: 22/07/2024 | Source: Pyongyang Times | Read original version at source

Russian President Vladimir Putin mentioned the issue of using digital currency at an economic conference on July 17.

He said that digital currency is in essence a type of national monetary unit and that its features are that its use enables citizens and enterprises to settle accounts with at any banks.

What is important for Russia is to provide legitimate grounds and work out coordinative plans in time to have access to digital assets not only at home but also in the relationship with foreign countries, without missing opportunity, and to create conditions including the development of infrastructures, he asserted.

Saying that digital currency technology has started to change the previous schemata in the aspects of trade, banking and international payment, he stressed the need for Russia to switch to more widely introducing digital currency in the fields of economy, business activities and finance.

More From Pyongyang Times

DPRK art exhibition held in Russia

DPRK art exhibition held in Russia

The DPRK Art Exhibition "The Great People's Country" opened with splendour at a decorative handicraft and folk art gallery in

September 11, 2025

The DPRK Art Exhibition "The Great People's Country" opened with splendour at a decorative handicraft and folk art gallery in

Senior Party and government officials visit Kumsusan Palace of Sun

Senior Party and government officials visit Kumsusan Palace of Sun

All the people of the DPRK, who are significantly celebrating the national day on the sacred journey of writing a heroic chapter

September 11, 2025

All the people of the DPRK, who are significantly celebrating the national day on the sacred journey of writing a heroic chapter

New houses built in Jagang Province

New houses built in Jagang Province

New houses have been built in the Sinyon Industrial Crop Farm of the Jagang Provincial Rural Economy Committee and the Township

September 10, 2025

New houses have been built in the Sinyon Industrial Crop Farm of the Jagang Provincial Rural Economy Committee and the Township

Stage telling pride of schoolchildren held

Stage telling pride of schoolchildren held

A stage telling pride of schoolchildren "Children's Union members met on the road of patriotism" took place at the Pyongyang

September 09, 2025

A stage telling pride of schoolchildren "Children's Union members met on the road of patriotism" took place at the Pyongyang

Foreign figures laud DPRK led by great leader

Foreign figures laud DPRK led by great leader

Progressive mankind expressed boundless reverence for the respected Comrade Kim Jong Un who put the dignity and position of the

September 09, 2025

Progressive mankind expressed boundless reverence for the respected Comrade Kim Jong Un who put the dignity and position of the

Name, flag and emblem, symbols of DPRK

Name, flag and emblem, symbols of DPRK

The DPRK’s name, flag and emblem, symbols of the country, are quite meaningful. The country’s full name is the Democratic

September 08, 2025

The DPRK’s name, flag and emblem, symbols of the country, are quite meaningful. The country’s full name is the Democratic

Venezuelan defence minister expresses stand to react to US threat

Venezuelan defence minister expresses stand to react to US threat

The Venezuelan defence minister issued a statement on August 31 to express the stand to cope with US threat and blackmail. He

September 08, 2025

The Venezuelan defence minister issued a statement on August 31 to express the stand to cope with US threat and blackmail. He

Guidelines for action, banner of advance

Guidelines for action, banner of advance

“The people are God”, single-minded unity and self-reliance serve as the guidelines for action and banner of advance in making

September 07, 2025

“The people are God”, single-minded unity and self-reliance serve as the guidelines for action and banner of advance in making

Delegation of DPRK Ministry of Culture leaves for Russia

Delegation of DPRK Ministry of Culture leaves for Russia

A delegation of the DPRK Ministry of Culture led by Minister Sung Jong Gyu left Pyongyang on September 5 to take part in the 11th

September 07, 2025

A delegation of the DPRK Ministry of Culture led by Minister Sung Jong Gyu left Pyongyang on September 5 to take part in the 11th

New houses built in Songgan County

New houses built in Songgan County

New houses have been built in Sinchong-ri of Songgan County, Jagang Province, unfolding a new appearance of socialist countryside,

September 07, 2025

New houses have been built in Sinchong-ri of Songgan County, Jagang Province, unfolding a new appearance of socialist countryside,

National sculpture and craftwork festival opens

National sculpture and craftwork festival opens

The Sixth National Sculpture and Craftwork Festival opened in Pyongyang to celebrate the 77th founding anniversary of the DPRK.

September 07, 2025

The Sixth National Sculpture and Craftwork Festival opened in Pyongyang to celebrate the 77th founding anniversary of the DPRK.

Residents of Ragwonpho move into new houses

Residents of Ragwonpho move into new houses

There took place a ceremony for moving into new houses at the modern Ragwonpho fishermen's residential district, which unfolded

September 06, 2025

There took place a ceremony for moving into new houses at the modern Ragwonpho fishermen's residential district, which unfolded

More Articles