... in the digital sector – from content and communications to video games. It is crucial for investors to consider that the legal environment may change rapidly, necessitating flexibility and readiness to comply with new requirements from businesses. Companies operating in the Russian market for digital entertainment must ensure their services comply with legal standards to avoid fines and sanctions. Outlook and Conclusions The final adoption of the amendments and their entry into force are expected ...

... official recognition. Adoption of Cryptocurrencies: Increasing Trust The year 2025 has witnessed a surge in the mass adoption of cryptocurrencies. The number of market participants — both institutional and retail — has significantly increased. Large companies are holding Bitcoin in their reserves, while banks and funds are launching products like ETFs and crypto custody services. At the consumer level, an increasing number of retail companies and online services accept payments in cryptocurrencies; ...

... Requirements for Participants Russian authorities have already taken steps to legalize the cryptocurrency sector, primarily in the mining sphere. As of November 1, 2024, provisions of the law on digital financial assets came into effect, which require all companies and individual entrepreneurs engaged in cryptocurrency mining to register in a special FTS registry. For individuals, such a requirement does not apply if they mine in domestic conditions and consume no more than 6,000 kWh of electricity per ...

... says. Impact of Manual Management on the Market The downside of the current model of managing the domestic fuel market is the lack of long-term planning opportunities, says Viktor Katona, senior analyst for oil markets at Kpler. In this system, companies do not know how long gasoline exports will be allowed, so they will produce only enough excess to avoid overfilling their oil storage in case of a sudden export ban. "The problem is that the Ministry of Energy should determine export ...

... to increase in real terms: citizens are hesitant to incur new debt due to high rates, coupled with banks tightening borrower requirements. The forecast for corporate lending growth in 2025 has been adjusted to 9–12% (previously 8–13%). Although companies are borrowing more actively than households, business credit activity has also decreased compared to last year. Mortgage lending, which has been a driver of the credit market in recent years, has also slowed. According to the Central Bank, the ...