According to the bill, the use of cryptocurrencies as a payment instrument will still be prohibited on Russian territory, while digital currencies are considered solely as an investment instrument.

The forum will be held on June 15-18.

Jair Bolsonaro noted that Brazil, as a major player in the agricultural market, was interested in supplies of Russian fertilizers.

The issue is first of all about economic measures, meaning the ban on advertisement for the companies, Deputy Head of Roskomnadzor Vadim Subbotin clarified.

This project will offer new jobs, Andrey Chibis also noted.

Peter Gloor is also skeptical on prospects for appearance of a single global social media.

The Board of Directors of the Bank of Russia made the decision to lift the key rate to 9.5% per annum at the meeting.

The retail trade turnover in December 2021 gained 5.4% annually to 4.1 trillion rubles ($55 bln).

It is also anticipated to introduce an obligation for market participants "to inform citizens about higher risks related to digital currencies".

It is mentioned that over over the 11 months of last year the volume of trade between Russia and France grew by over 70%.