Bitcoin Legal In Russian
After Japan and Dubai, Russia is the third country who legal the Bitcoin in there country. From Last so many years government of Russia working on bitcoin to legal but due to lack of knowledge of bitcoin and cryptocurrency they cant legal it, but now its legal for trading in Russia.
This year, government of Russia file so many legal cases on people who deals in bitcoin trading. Few days back Russian of government cease the $9 million in bitcoin. But after legalisation of this virtual currency.
An official for Russia’s national legislature believes that new laws regulating the exchange of cryptocurrencies will be complete by the end of the fall.
Bitcoin Legal In Russia, Japan and Dubai
Anatoly Aksakov, who leads the State Duma’s financial markets committee, told Russian media this week that next steps involve the formation of a dedicated working group to address the issue. Further, he said that he would be meeting with officials from Russia’s central bank and the Ministry of Finance in the coming days.
Should all the pieces come together – Russian officials have been working on some kind of law related to the tech since as early as 2014 – lawmakers could complete work on a legislative passage over the next several months, according to Aksakov.
He said (in translated comments):
Bitcoin Legal In Russia
If we agree on the main approaches in the coming week, I think that by autumn, by the end of the fall session, we will be able to adopt this law in order to provide a legal space for the development of this market.
The comments come amid a flurry of news out of Russia on the cryptocurrency front. The country’s deputy finance minister, for example, said earlier this week that he thinks bitcoin trading should be restricted to qualified investors. The chief internet advisor to president Vladimir Putin, meanwhile, unveiled the formation of a new blockchain and cryptocurrency advocacy group earlier this week.
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