Russia’s Ministry of Finance has stated that it does not intend to alter the investment structure of the National Wealth Fund (NWF) by incorporating digital assets. Vladimir Kolychev, Deputy Minister of Finance of Russia, expressed that the current level of savings in the National Wealth Fund does not support high-risk investments. He emphasized that sovereign reserves should be easily liquidated, which digital currencies do not meet. The current composition of Russia’s National Wealth Fund includes 60% Chinese yuan and 40% gold, reflecting Russia’s preference for stable and liquid assets. Kolychev acknowledged that investment strategies may change in the future to include more liquid and potentially higher-yielding assets. However, he noted that currently, the volatility parameters of digital currencies are not favorable.
