In State Duma thought about hard regulation cryptocurrency

In the coming months, the State Duma Working Group on the legalization of mining will be amended to the Law on Digital Assets, the deputy chairman of the Security Committee and Anti-Corruption of Andrei Lugovoy. His words reports the correspondent “Renta.ru”. The proposed changes will be directed to the hard regulation cryptocurrency, the deputy noted.

Unlike the Central Bank, which expressed his position on digital assets in a recent report, in the State Duma thought that all the activities of Russians related to cryptocurrent occurred inside the domestic banking system. In addition, according to deputies, it is necessary to determine a clear circle of subjects, which have the right to perform cryptocurrency operations. Among them are banks, crypto exchangers and stock exchanges with a special license, as well as foreign exchanges, which will be registered in Russia.

Amendments also suggest that the exchange of information between foreign cryptobiers and the Central Bank and authorized banks will be organized. The main task for all market participants will be the verification of cryptocurrency for involvement in illegal activities. Lugovoy recalled that operations with digital currencies were not anonymous for a long time, and there are special risk assessment services.

Meadow negatively appreciated the supply of the Central Bank for the ban cryptovalut. In his opinion, they do not contribute to the safety of Russian users. If the regulator succeeds in “force to expel” the industry “from the gray zone in black,” a truly loud crimes will begin to take place in the blockchain network, stressed meadow. He added that all participants in the working group of the State Duma on the legalization of mining advocate for regulation, and not for the prohibition of cryptocurrency, and the position of the Central Bank is not decisive in determining the fate of digital assets in Russia. “It’s not a central bank to decide what to resolve what to prohibit – for this there are executive authorities (president and government), for this there is a State Duma,” the deputy noted.

Against the complete ban on digital currencies and the Ministry of Finance. Director of the Financial Policy Department of the Ministry of Finance, Ivan Chebeskov, said it would be much wiser to legalize the industry. According to him, the Russian authorities cannot afford a ban on conducting operations and mining cryptocurrency, as it will mean the country’s backlog in the high-tech industry.

/Media reports.