In Russia, Can Allow The Purchase And Sale Of Cryptocurrency

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March 9, 2022
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Deputy head of the ministry of finance of the russian federation, alexey moiseev, said that in the territory of russia, they may soon allow the purchase and sale of cryptocurrencies, whereas the calculations using digital coins will be prohibited.

In Russia, can allow the purchase and sale of cryptocurrency

He explained that today before representatives of russian regulatory departments, including the fsb and the central bank, only one question remains open – whether the sale and purchase of cryptocurrency in the state? Currently, experts are inclined to allow the use of digital currencies in the same way as foreign fate money – you can purchase and implement them, however, pay for goods or services – it is forbidden. However, the final decision has not yet been accepted. After this happens, the responsibility for the illegal use of cryptocurrency will be established.

In addition, moiseev reported that the bill «about digital financial assets» will be considered in the state duma in the second reading during the near future.

Previously, the expert explained how institutional investors affect the price of bitcoin and other cryptocurrency.

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