State Duma Deputy considers a ban on cryptocurrencies in Russia pointless
Andrei Lugovoy calls for a compromise to be reached in discussion with all parties
16.02.2022 - 08:00
449
1 min
0
What’s new? According to RBC, Russia has no plans to consider options for banning cryptocurrencies. In particular, Andrei Lugovoy, the First Deputy Chairman of the State Duma Committee on Security and Anti-Corruption, stated that he considers such a scenario to be pointless.
News source on the RBC website
What arguments did the deputy give? According to Lugovoy, the authorities will not impose such harsh measures as a ban on working with cryptocurrencies. Currently, only the Central Bank is taking such an initiative, but no real proposals have been sent to the State Duma.
“Talking about any possibility of allowing a ban at the moment is pointless. There are different points of view, which should come to some common understanding in the course of the discussion,” the deputy concluded.
What had happened before? On February 11, was mentioned that the Russian government decided not to consider bitcoin as a virtual asset, but to equate it with foreign currencies. By February 18, the Ministry of Finance and the Bank of Russia should prepare a bill on the circulation of cryptocurrencies.
Useful material?
Market
Due to supply shortages, the asset’s pre-market exchange rate was climbing above $1000
Dec 16, 2024
Incidents
Reports about the hacking of the exchange with calls to withdraw assets began to spread on December 13
Dec 13, 2024
Crypto regulations
Stablecoins from issuer Circle will not be affected by the changes
Dec 12, 2024
Crypto regulations
The platform will launch after meeting the preconditions of the local exchange authority
Dec 9, 2024
Market
The $1,1 billion figure was reached after the bitcoin correction
Dec 6, 2024
Crypto regulations
By early January, all open positions and loans of local users will be closed and repaid automatically
Dec 5, 2024