Close Menu
    X (Twitter)
    Blockchain Journal
    • News
      • Blockchain News
      • Bitcoin News
      • Ethereum News
      • NFT
      • DeFi News
      • Polkadot News
      • Chainlink News
      • Ripple News
      • Cardano News
      • EOS News
      • Litecoin News
      • Monero News
      • Stellar News
      • Tron News
      • Press Releases
      • Opinion
      • Sponsored
    • Price Analisys
    • Learn Crypto
    • Contact
    • bandera
    Facebook X (Twitter) Instagram
    Blockchain Journal
    Home » Medvedev instructed the Ministry of Finance and the State Duma to adopt a law on cryptocurrency in Russia before November 1

    Medvedev instructed the Ministry of Finance and the State Duma to adopt a law on cryptocurrency in Russia before November 1

    0
    By BlockchainJournal on August 3, 2019 News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Prime Minister Dmitry Medvedev instructed the Ministry of Finance and the State Duma to adopt the draft law “On digital financial assets” before November 1, 2019, which follows from the minutes of the meeting with the Prime Minister.

    The minutes of the meeting said :

    “The Ministry of Finance of Russia (A. Siluanov), together with the State Duma, to ensure the adoption of federal law No. 419059-7“ On digital financial assets ”. Deadline – November 1, 2019. "

    Anatoly Aksakov, who was present at the meeting with the Prime Minister, the head of the Duma Committee on the Financial Market, confirmed that such an order had indeed been given to the Ministry of Finance and the State Duma.

    He explained :

    "It was announced that before November 1, we need to adopt and legally resolve this issue, respectively, now there will be a more active conciliation procedure."

    Thus, in the adoption of the bill, another delay arose: Aksakov earlier called the deadline for October 1 .

    The deputy said that the bill is ready, and clarified :

    “There was a fork in the road, will we legalize cryptocurrency in this law or ban work in Russia with open blockchain infrastructure, that is, bitcoins and other cryptocurrencies, or activity using cryptocurrency will be allowed, but only under the supervision of the Central Bank.”

    The press service of the Ministry of Finance also confirmed that the ministry received such an order:

    "The Ministry of Finance of Russia participates in this matter in order to ensure the speedy adoption of the bill."

    The Finance Ministry added that the “bill“ On digital and financial assets ”is being worked out at the State Duma site.

    Recall: July 16, Deputy Finance Minister Alexei Moiseev said that the bill on digital financial assets was “stuck” because the issue of using cryptocurrency in the Russian Federation had become “an ideological dead end — a problem whose solutions have not yet been found.” According to him, different options are offered: from a total ban on cryptocurrency turnover to the possibility of buying and selling as foreign currency without the possibility of calculation.

    The same Moses said earlier that the use of cryptocurrency as a means of payment for goods, works and services in the near future will be banned in Russia, since "the ruble is our national currency and all calculations must be made in rubles."

    Publication date 08/02/2019
    Share this material on social networks and leave your opinion in the comments below.


    blockchain Featured Finance Work
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    BlockchainJournal

    Related Posts

    ARK Invest Unloads Coinbase and GBTC Shares by Millions Amid Market Boom

    December 6, 20232 Mins Read

    GBTC Discount Shrinks as Bitcoin Price Surges

    December 6, 20232 Mins Read

    IBM Introduces OSO, Designed for Cold Storage of Digital Assets

    December 6, 20232 Mins Read

    Marathon Digital Produced 1,187 Bitcoins in November and Held 14,025 Unrestricted BTC

    December 5, 20232 Mins Read

    Volume Counterfeiting Allegations Rock RATS Token on Gate Exchange

    December 5, 20232 Mins Read

    A New Era for Cryptocurrency: Zodia Custody’s Integration with Harmonize

    December 4, 20232 Mins Read

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2025 Blockchain Journal

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.