A socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 188 Russian public organizations, federal and legislative agencies, and federal subjects.

The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, and Spanish t.me/RoscongressEsp. Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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Digital Finance: New Paths of Development
6 September 2022
17:15—18:45
The global geopolitical changes are shaping a new economic agenda for decades to come. The development of the digital economy, one of the pillars of technological sovereignty, is already playing a key role in this process. Digital finance is a driving force and an indispensable component of cross-border and domestic processes, feeding into all economic flows. The momentum of digital finance is already being felt strongly in the economies of Eurasia and the east as a whole. New laws to regulate digital assets and digital currencies are being rapidly adopted, major projects for the construction of digital infrastructure are being developed, increased attention is being paid to new settlement, payment and investment tools, digital Islamic finance is being actively rolled out, and traditional financial and currency markets are beginning to embrace elements of the world of digital currencies. The creation of a long-term, advanced digital finance architecture requires regulators, businesses and citizens to work in several areas concurrently, including the development of the necessary financial and resource infrastructure, the training of IT personnel, changes to the education system, and the creation of modern and flexible legislation. The growth of decentralized finance around the world is outpacing the relevant legislation. With a variety of developments underway in decentralized finance, from mining and NFTs to decentralized exchanges (DEXs) and decentralized autonomous organizations (DAOs), regulation and the advancement of digital finances in Russia are still focused on digital financial assets and digital currencies and discussions around the potential of Russian stablecoins. Despite this, the Bank of Russia added the first company, Atomyze, to a new register of operators of digital financial assets in early February 2022. Two more, Sber and Lighthouse (Transmashholding), have since been added and plans to create several more operators have been announced. What is the business model of these operators? What is the potential for development in digital finance in Russia and the Far East in particular? How is the current international situation changing the course of the domestic digital finance market? What do industry players want from regulators? What growth path will the Russian digital financial sector take?
Date
06.09.2022
Forum
EEF
Started at
17:15—18:45
Conference hall
Building B, level 7, conference hall 12
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