Russian Ministry of Finance Prepared Cryptocurrency Draft! Here are the details…

Bitcoin (BTC) and cryptocurrencies Cryptocurrency regulation studies continue in Russia, which has not yet reached a clear decision regarding the issue.

Russian news organization Kommersant According to an article published by of the Ministry of Finance of Russia The crypto currency legislation draft he is working on has been completed.

According to Kommersant, the draft legislation of the Ministry of Finance, which aims to regulate the legal status and circulation of cryptocurrencies in the country, envisages a strict regulatory framework for cryptocurrencies.

It is also considered to be in the gray area in the draft. cryptocurrency mining This is the first time it has been discussed in detail.

Some experts say that they believe that the draft in question opens up new opportunities for cryptocurrency miners that need to be removed from the gray zone, while others say that this may push investors out of the market, namely the black market.

According to the draft prepared by the Ministry of Finance, digital money, “It can be considered a non-currency payment instrument of the Russian Federation and an investment.”

The Russian government has gone the way of regulation, stating that it will not ban cryptocurrencies. For Russian President Vladimir Putin Government officials, including the government, think that cryptocurrencies should not be banned.

However Central Bank of Russia He disagrees with government officials and argues that cryptocurrencies should be banned altogether.

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