Aksakov: The Law on Cryptocurrencies will not enter the State Duma in the near future

The authorities of the Russian Federation continue to discuss options for regulating the cryptocurrency market and in the near future to expect the receipt of the bill “On Digital Currencies”. This was stated by the head of the State Duma committee on the financial market Anatoly Aksakov, writes Parliamentary Gazeta.

According to him, the authorities are considering the third version of the draft law on the regulation of cryptocurrencies:

“I don’t think that in the near future the document will appear in the State Duma. The situation in the cryptocurrency market does not add optimism: Bitcoin collapsed great against the background of sanctions solutions. “.

Aksakov believes that the bill on the regulation of cryptocurrencies will be accepted in the “hard” version.

According to media reports, the Ministry of Finance finalized the document taking into account the comments of various departments.

Now the bill has an article that allowed the use of cryptocurrencies as a payment tool in the foreign trade activities of legal entities and individual entrepreneurs. It is assumed that they will be able to conduct such transactions by receiving an “identifier provided by the operator of the digital trading platform”.

The document also prescribes the obligation of Bitcoin-USA and exchangers to cooperate with law enforcement officers and store information about users and their operations for three years.

It is reported that the norms have disappeared from the bill on the volume of investments in cryptocurrencies for legal entities and “professional acquirers” of digital currencies.

The changes and the provisions related to mining have undergone. For example, the requirement for the inclusion in the special register of legal entities and individual entrepreneurs involved in the extraction of cryptocurrencies, as well as a description of the transfer of information to the tax office, disappeared.

Aksakov believes that the US authorities began to “clamp” cryptocurrency markets due to hypothetical use of bitcoin to bypass sanctions:

“There are suspicions that the American intelligence agencies largely control this market, so there is no desire to fall under their invisible or visible eye during financial transactions”.

He also admitted that in the Russian Federation they would create one centralized platform for operations with cryptoactives.

Recall that the bill “On Digital Currency” developed by the Ministry of Finance provides for operations with cryptocurrencies through Russian banks, identifying cryptocurrency holders and dividing investors by qualifications.

In April, the ministry changed the terminology of the document. Later it became known that it also supported a number of proposals of the FSB, the Federal Tax Service and the Ministry of Internal Affairs to the bill.

In May, the head of the Department of Financial Policy of the Ministry of Finance Ivan Chebeskov admitted that cryptocurrencies can be used by Russia in international calculations.

At the same time, the https://gagarin.news/ru/news/obzor-vast-bank-kak-im-polzovatsya-i-v-cem-ego-osobennosti/ Central Bank of the Russian Federation recognized the impossibility of evasion of sanctions using crypto assets. Analysts at the Moody’s International Rating Agency also believe that digital currencies will not help the Russian Federation to circumvent sanctions.

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