Russia will not legitimize the Libra cryptocurrency, which plans to put into circulation the social network Facebook. This was stated by the head of the State Duma Committee on the Financial Market, Anatoly Aksakov.
In particular, the deputy said:
“With regard to the use of Facebook cryptocurrency as a payment instrument in Russia at this stage, my opinion is that in our country it will be banned.”
Aksakov believes that in Russia there are no plans to legally use "cryptotools created in the framework of open platforms, blockchains, " since this could threaten the state financial system.
According to him, citizens will be able to buy Facebook cryptocurrency at foreign financial sites, but in the Russian Federation the creation of such mechanisms will be limited.
“In theory, we should be talking about the possibility of organizing all sorts of exchanges, exchange sites and the sale of such currencies. We, I believe, will limit or prohibit the creation of such sites. And who wants at their own risk and risk, using foreign legislation, to acquire these tools is their business , ”said Aksakov.
On June 18, the American company Facebook announced the creation of a Calibra subsidiary. The main task of the new structure will be the provision of financial services to social network users through the cryptocurrency Libra.
What you need to know about Libra cryptocurrency?
Publication date 19/06/2019
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