Russia is not ready for Bitcoin as a legal means of payment, says Putin's spokesman Peskov - Regulation Bitcoin News

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Russia not ready for Bitcoin as a legal means of payment, says Putin's spokesman Peskov

Russia has no reason to recognize Bitcoin, President Putin's press spokesman stated after El Salvador was the first country to the digital currency introduced coin as a legal means of payment. In a press release, Dmitry Peskov announced that he is convinced that such a step of the Russian Federation would not bring any advantages.

Kremlin not open for Bitcoin introduction in Russia

The government in Moscow currently sees no reason to recognize Bitcoin, says Dmitri Peskow, press spokesman for Russian President Vladimir Putin. The Kremlin representative described it as a quasi-currency and insisted that the equation of Bitcoin with official money instruments would only harm the Russian financial and economic system. In conversation with reporters, Peskov emphasized:

Russia is obviously not ready for such steps.

The statement, cited from the news agency Ria Novosti on Tuesday, as the republic of El Salvador as the world's first country Bitcoin target = "_ blank" class = "lar-automated-link" href = "https://markets.bitcoin.com/crypto/btc" rel = "noopener"> btc ) as a legal payment for payments in its jurisdiction. On September 7, the Bitcoin law of El Salvador came into force and made the cryptocurrency after market capitalization in addition to the US dollar a national currency, such as Bitcoin.com News reported .

inhabitants of the small central American nation can now pay for goods and services with the cryptocurrency, since all prices can be specified in btc . In addition, taxpayers can use Bitcoin to fulfill their obligations to the state. On Monday, President Nayib Bukele announced that his government also started shopping BTC announced later that the country had acquired the overall stock, which the overall stock increased to 400, and then with another 150 coins the dip "buys" when the price fell below $ 43,000.

Russia, on the other hand, is far from accepting cryptocurrencies as a legal means of payment. Moscow partially regulated coins and tokens with the new law "On Digital Financial Assets", which came into force at the beginning of this year. His provisions recognize cryptocurrencies as property, but prohibit their use for payments.

According to the current legislation of the country, the national Fiat ruble remains the only legal means of payment, and “money-caused” are prohibited in the Russian Federation. The Bank of Russia, the central bank of the country, which categorically spoke out against the introduction of decentralized digital money, prepares the introduction of a target = "_ blank" href = "https://news.Bitcoin.com/bank-ofrussia-to-launch-digitle-protype-by-end--of-year/" Rel = "noopener"> Digital ruble Prototype by the end of 2021.

Russian media , however started to work on changes to the civil law that would allow the use of crypto assets as a contractual means of payment. If the changes are approved, the changes enable the contracting parties to pay each other with cryptocurrency, only under the conditions of their agreement.

Do you believe that Russia will change its position to cryptocurrencies in the future? Share your expectations in the comment area below.

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