In Russia, changed his mind to block cryptocurrency, because they recognized such a decision inappropriate. Instead of blocking over electronic coins, control. February 8 approved the concept of regulation of cryptocurrencies, which did not please the Russian miners. Why did the state change its decision and what is the state in a new document?

On January 20, the Central Bank of Russia presented the report "Cryptovaya: trends, risks, measures." In it, the bank suggested completely blocking electronic money in Russia: to prohibit the purchase, sale, mining and exchange of cryptocurrencies. However, the Ministry of Finance, Deputies and President of the Russian Federation criticized this report and decided that the full prohibition of the electronic currency is inappropriate, because in this case the development of the IT industry will suffer greatly.

Since the report of the Central Bank was criticized, Vladimir Putin personally asked the Ministry of Finance to cooperate with the Central Bank and to make a right decision. And on February 8, a new concept of cryptocurrency regulation in Russia was presented. Until February 18 must prepare the relevant bill.

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Now all operations with the e-currency will be held through the banking system. For opening a wallet, sales and purchases of cryptocurrency, you need to contact the bank and identify your identity, as when opening a bank account.

If a person decides to open a wallet through cryptocurrency exchanges or stock exchanges, it will face the same procedure. It will be necessary to provide passport data and tie a wallet to a bank account. To own the cryptococherrel anonymously will no longer work. Thus, all operations with cryptocurrency will be carefully checked by the banking system.

Also, the concept indicates that foreign cryptocurrency exchanges will be able to work with clients from Russia only subject to their integration into the Russian banking system and the opening of the Representative Office in Russia. At the same time, they should not be located in offshore.

Those who have invested in e-currency will differentiate both investors in the securities market. For each type of investor, the limit for operations will be installed.

Today, the state does not receive anything from the e-currency owners. All operations are conducted anonymously, it is possible to translate electronic money without paying taxes and including prohibited organizations. With the adoption of the law on the regulation of the cryptocurrency market, the state will be able to control all operations, arrest cryptocurrency on electronic wallets as well as on deposit bank accounts.

Thus, very soon in Russia there will be no anonymous cryptococheries. To date, citizens of Russia have about 2 trillion rubles that do not work for the benefit of the economy. And what do you think, is it necessary to regulate cryptocurrency in Russia or not?

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