Strategies for the new reality

Digital financial assets (DFA) are currently traded on the same platforms where they are issued. Once they begin to be traded on the exchange, information system operators will no longer be able to profit off them. At the very least, their revenue models will change as fr om then on, they will be able to make money only from issuing DFA. For example, an investment bank makes a business of issuing bonds, while the exchange wh ere those bonds are listed earns from trading

Dmitry Plotnikov, a Partner at Yakov and Partners, notes that the Russian wine industry has found itself in a unique situation. The government is providing unprecedented support to the industry amidst external restrictions. Financial indicators also confirm that the industry is going strong. However, successful development of the industry requires solving several major problems, i. e. establishing product evaluation institutions, starting regulating online trade, and devising mechanisms for attracting investments

There is no objective necessity to use international payment systems within the country, says Ilya Ivaninsky, head of the Center for Business Education and Analytics at Central University and an Expert Partner at Yakov and Partners. The only scenario under which companies could be able to quickly capture a meaningful share of the market would be to reconnect all previously issued Visa and Mastercard cards that are still in circulation