THIS MESSAGE (MATERIAL) IS CREATED AND (OR) DISTRIBUTED BY A FOREIGN MASS MEDIA PERFORMING THE FUNCTIONS OF A FOREIGN AGENT AND (OR) A RUSSIAN LEGAL ENTITY PERFORMING THE FUNCTIONS OF A FOREIGN AGENT.
The Ministry of Finance of Russia submitted to the government a bill on the regulation of cryptocurrencies. This was reported by RBC with reference to the message of the department.
It is noted that it will not be possible to pay with digital currencies. They are considered only as a tool for investment. Investors will be required to complete online testing before acquiring cryptocurrencies. Upon successful completion of testing, citizens can invest in digital currencies up to 600 thousand rubles. annually, if not, the amount of investments will be limited to 50 thousand rubles.
Operations with the purchase or sale of cryptocurrency will be possible only if the client is identified. Exchanges and exchangers will be required to maintain registers indicating the addresses – identifiers of each holder of digital currencies.
Foreign cryptocurrency exchanges will have to register in Russia to obtain a license.
Earlier, the Bank of Russia proposed a bill to ban the organization of the issuance and circulation of private digital currency in the Russian Federation. The bill establishes a ban on the organization of the issuance, issue, organization of the circulation of private digital currency on the territory of the Russian Federation, including the creation and functioning of legal entities in the Russian Federation, the activities of individuals that contribute to the organization of the issuance, issue, organization of the circulation of private digital currency on the territory of the Russian Federation or abroad. outside the territory of the Russian Federation.
In addition, it is proposed to prohibit the dissemination of information about private digital currencies and their release in Russia. Banks, other financial institutions and subjects of the national payment system cannot own private digital currencies. Another innovation is that the Central Bank intends to achieve the right to initiate administrative cases when banks own cryptocurrencies and refuse transfers for persons associated with the issuance and circulation of cryptocurrencies.
Source: Rosbalt

Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.