cryptocurrencies As an end to the debate about cryptocurrencies in Russia, whose regulatory work has been going on for a long time, Russian Tax Service (FTS) also participated.
Russia’s local news source of Izvestia According to the news of the Russian Tax Office, the international transactions of Russian companies digital currencies to allow you to use it as a payment method to the Ministry of Finance of Russia submitted a draft proposal.
In the draft prepared by the Ministry of Finance cryptocurrencies Referring to the provision stating that it is prohibited as a means of payment, it is only accepted as an investment instrument, FTS also stated in the draft that the said ban is prohibited. “unless otherwise specified in this law” drew attention to the provision that it will be valid.
In this context, FTS made an exception to the cryptocurrency regulation prepared in the proposal it sent to the Ministry of Finance. to Russian companies in certain transactions Bitcoin(BTC) and other crypto coins He suggested allowing it to be used.
The following statements were included in the draft sent by FTS:
“We think that legal entities should be allowed to use cryptocurrencies for payments for goods and services to be made according to foreign trade agreements and when receiving payments from foreign institutions.”
According to the news of Izvestia, the Ministry of Finance stated that this proposal of FTS requires elaboration, discussion and legal regulation at some points and said that it supports this proposal, albeit partially.
Evaluating FTS’s proposal, some experts stated that the initiative could improve Russia’s trade with countries that have good relations with Russia and where cryptocurrencies are accepted as legal currency.
Recently, another Russian news organization Kommersant According to a report published by the Russian Ministry of Finance, it is working on cryptocurrency It was stated that the draft legislation was completed.
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