On July 21, the "Decision" pointed out that it is necessary to actively respond to the aging of the population, improve the policy mechanism for the development of the elderly care industry and the elderly care industry. Develop the silver economy and create diverse and personalized jobs suitable for the elderly. In accordance with the principles of voluntary and flexible, we will advance the reform of gradually delaying the legal retirement age in a stable and orderly manner.
Anatoly Aksakov, chairperson of the financial marekt committee of the Russian State Duma, said that digital financial assets issued by institutions regulated by the central bank can replace legal channels for international settlements. Aksakov also admitted that while digital assets are not controlled in such use cases, it has been used for Global Payment settlement.
David Spika, Chief Market Strategist at Turtle Creek Wealth, joined Power Lunch to discuss investment strategies for gold and Bitcoin, stating that Bitcoin cannot replace fiat currency.