Russia’s State Duma approved bill to ban buying goods for digital assets
The law restricts the acceptance or transfer of DFAs as payment to prevent their use as a monetary surrogate
14.06.2022 - 14:20
295
1 min
0
What’s new? The State Duma of the Russian Federation has passed in the first reading a bill that introduces changes to the sphere of regulation of the circulation of digital financial assets (DFAs), including a direct ban on payments for goods and services with them. The document was prepared by Anatoly Aksakov, Chairman of the Committee on Financial Markets of the State Duma, to prevent the use of digital assets as a means of payment, RIA Novosti reports. To this end, the procedure for making payments for transactions that were made with financial and investment platforms, as well as information systems in which DFAs are issued, is being optimized.
Information on the RIA Novosti website
What does the draft say? Special conditions have been drafted for operators of such platforms to carry out settlements on transactions using digital assets. One of the conditions provides for them to use nominal accounts, the beneficiaries of which are users of a certain electronic platform. The law also provides for a direct ban on the acceptance or transfer of DFAs as payment for goods, works, and services to prevent their use as a monetary surrogate.
In early June, Anton Gorelkin, Deputy Chairman of the State Duma Committee on Information Policy, Information Technologies and Communications, said that the Bank of Russia had eased its attitude toward the use of cryptocurrencies. He explained that the regulator now allows the use of digital assets in foreign trade and outside the country. According to him, this will bring closer the introduction of the relevant draft law to the State Duma.
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Cryptocurrency rates
-
Bitcoin
$99 019
BTC
+2.04%
-
Ethereum
$3 313.61
ETH
-0.24%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.48
XRP
+32.73%
-
Dogecoin
$0.405154
DOGE
+5.9%
-
Cardano
$0.968807
ADA
+22.88%
-
Bitcoin Cash
$488.37
BCH
+1.63%
-
Polkadot
$6.31
DOT
+9.03%
-
Stellar XLM
$0.29929
XLM
+25.89%
-
Litecoin
$90.44
LTC
+2.73%