According to Golden Finance, according to TASS, Oleg Ogienko, deputy general manager of Bitriver, a Russian crypto mining data center operator and mining equipment importer, said that Russia may establish cryptocurrency reserves within 1-3 years, provided that corresponding regulatory conditions have been created in China. "The first thing is to establish and regulate the security infrastructure for the storage and circulation of domestic digital currency. These infrastructures have begun to appear, but are still in a closed environment." He believes that by establishing such reserves, the Russian financial system can gain additional impetus to modernize with cutting-edge technologies, and the formation of cryptocurrency reserves has become a strengthening trend in the global financial market this year.