Ministry of Economy supported the bill on legalization of cryptocurrencies in Russia

Ministry of Economy supported the bill on legalization of cryptocurrencies in Russia

The Ministry of Economic Development conceptually supported the Ministry of Finance’s bill “On digital currency” and proposed to finalize it. This is reported by “Izvestia”.

According to the ministry, the concept of mining, the order of payment of digital currency, as well as certain requirements for persons who are operators of digital currency exchange and operators of digital trading platforms need to be clarified.

Feedback from the Ministry of Finance on these proposals has not yet been received, clarified the Ministry of Economy.

Recall that the Ministry of Finance, based on the government-approved concept, a draft law “On Digital Currency. February 21, it was submitted to the government.

Speaking about the document, the lawyers agreed that it would be easier to give up Bitcoin than to work by such rules.

or its part, the Central Bank of Russia presented proposals for the regulation of cryptocurrencies and sent them to the Ministry of Finance. They provide for a complete ban on Bitcoin and fines up to 1 million rubles.

In early March, the Bank of Russia confirmed that they are still in favor of a complete ban on the circulation and mining of cryptocurrencies, despite the sanctions.

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Written by Renat
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