Deputy Aksakov calls to prosecute for settlements in cryptocurrency within Russia
According to the head of the Duma Committee on Financial Markets, such use of digital assets may be allowed in a foreign jurisdiction
05.10.2022 - 13:00
342
2 min
0
What’s new? The head of the State Duma Committee on Financial Market Anatoly Aksakov believes it is necessary to introduce a ban on the use of digital financial assets (DFAs) as a means of payment in Russia. He suggested that people who use cryptocurrencies for payments inside the country should be prosecuted. Aksakov made such a statement at the VII International Conference on Consumer Financial Protection, TASS writes.
What else did Aksakov say? The deputy noted that “quite a large number of people are engaged in digital assets,” and the processes in the cryptocurrency industry need to be regulated, because often “inexperienced people get caught in these nets.”
Aksakov believes that it is possible to allow the use of digital assets as a means of payment in a foreign jurisdiction, for example, to pay for the delivery of goods to Russia. The official expressed the hope that this issue will be legislated in the near future.
In July, Russian President Vladimir Putin signed a law banning payment for services, goods and works with digital financial assets. The head of the Central Bank Elvira Nabiullina noted that cryptocurrencies should not penetrate the domestic financial system of the country.
In early October, it became known that the Central Bank and the Ministry of Finance will allow international settlements in cryptocurrencies for all industries. The Ministry noted the need to use alternatives to the US dollar and the SWIFT system. Earlier Aksakov said that Russia plans to use the state cryptocurrency in international settlements with China.
Useful material?
Incidents
Roger Ver has been accused of not paying taxes
May 1, 2024
Mining
After the publication of the financial report, the company’s shares added 5%
Apr 30, 2024
Market
The commission had previously warned the developer of potential enforcement actions
Apr 29, 2024
Market
Funds can be seized by law enforcers due to links to illegal activity
Apr 26, 2024
Market
Tether Finance division will be responsible for the issuance and redemption of USDT stablecoins
Apr 18, 2024
Trends
The first project introduced on the platform will be BounceBit (BB)
Apr 18, 2024