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    Home » The issue of cryptocurrency regulation in Russia will be resolved at a meeting at the Ministry of Finance

    The issue of cryptocurrency regulation in Russia will be resolved at a meeting at the Ministry of Finance

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    By BlockchainJournal on August 29, 2019 News
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    Cryptocurrency market regulation will be the subject of discussion at a meeting with First Deputy Prime Minister and Minister of Finance of the Russian Federation Anton Siluanov. This was reported to reporters by Deputy Finance Minister Alexei Moiseev.

    Answering the question whether the issue of using cryptocurrencies in the Russian Federation has been resolved, Moiseev said:

    “Not resolved. There will be a meeting with Siluanov. ”

    The legal status of cryptocurrencies , mining , smart contracts , ICOs in Russia has not yet been established. In 2018, three bills were submitted to the State Duma to create regulation in the field of the digital economy. So far, only two of them have been adopted – changes to the Civil Code regarding digital rights, as well as a law on raising funds using investment (crowdfunding) platforms.

    Recall that earlier the Prime Minister of the Russian Federation Dmitry Medvedev instructed the Ministry of Finance and the State Duma to adopt the draft law “On Digital Financial Assets” before November 1, 2019.

    The legal status of cryptocurrencies remains a stumbling block: according to Deputy Minister of Finance Alexei Moiseev, various options are offered, from a total ban on the circulation of cryptocurrencies to the possibility of buying and selling as foreign currency without the possibility of settlement.

    Publication date 08/28/2019
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