Families in Russia will soon benefit from a new law allowing them to access unused maternity capital, a move aimed at supporting over 730,000 households. The initiative, signed by President Vladimir Putin, will enable parents to withdraw up to 10,000 rubles from their remaining maternity capital balance, which has often gone unspent due to its restrictions. This financial relief is expected to total around 1.5 billion rubles and can be applied for electronically through the State Services portal.
In addition to maternity capital reforms, President Putin has also introduced new regulations for the cryptocurrency market, legalizing mining and establishing a framework for digital currency circulation. This move is seen as a strategic response to the growing significance of cryptocurrencies in circumventing sanctions and enhancing Russia's technological exports. The government aims to regulate the mining sector, ensuring that only registered entities can operate, while also implementing measures to combat financial crimes associated with digital currencies.
