The Ministry does not exclude the admission of cryptocurrencies to the exchange on the territory of the Russian Federation

Yesterday the state Duma in the first reading adopted the draft law “On digital of financial assets”. Under its current regulations, users will be able to buy and sell cryptocurrency in special exchange offices. They will create a digital wallet, but the private key will not. Perhaps in the future the situation will change.

Bitcoin in Russia. Perspectives from the Ministry of Finance

The position of the Ministry of Finance announced Alexei Moiseev. According to Deputy Minister of Finance, in the future of cryptocurrency can be admitted to the market of the Russian Federation as monetary units, which are suitable to exchange for rubles. It is reported by TASS.

May be in future admitted to the exchange, then the status will be somewhat similar to the status of foreign currencies that are allowed to change in certain areas, exchanged, stored, but not allowed to make the purchase and sale of goods and services.

Moses noted the need to setup the course in such a case. It may be fixed and specified in the contract or flexible depending on market conditions.

According to officials, the principled position of the Ministry of Finance of lawful means of payment in Russia has not changed.

We have the means of payment is the ruble, and the ruble may be not only paper, it can be electronic — there are electronic purses in rubles. Could be any electronic format of the ruble, but this should be the ruble issued by the Central Bank. We can’t be in the country more than one emission center.

I hope that exchange rules will appear in the final version. The bill will be in June.

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