The chairman of the financial market committee, Aksakov, follows the calls to identify Russian crypto owners-regulation
The chairman of the financial market committee, Aksakov, follows the calls to identify Russian crypto owners-regulation
Anatoly Aksakov, chairman of the financial market committee in the Russian Parliament, repeated a warning for cryptocurrency investors and insisted that Russians who have coins should declare their digital assets. The parliamentarian also urged a comprehensive regulation of crypto mining and taxation.
Aksakov warns Russian crypto investors that they can lose everything
Russians have provided 5 trillion ruble Anatoly Aksakov, a member of a key role in regulating the Russian cryptor room, recently explained anatoly Aksakov in crypto and some of them. Many of these people are not qualified investors, and as such it is likely that snowball systems will occur, added the financial market committee, who leads State duma , the lower house of the Parliament.
The Russian legislature repeated warnings in an interview with the television station of the Parliamentary Duma and emphasized that there was no stability on the market for digital currencies. Crypto prices can quickly move in one direction or the other direction by 20 - 30 %, noted Aksakov and explained:
It is therefore important to regulate the market, to protect our citizens in particular, to determine taxation and certain rights for owners of cryptocurrencies. However, they have to be identified.
The explanation comes after a similar call was recently published by the head of the Russian Federation committee, Alexander Bastrykin. Last week, Bastrykin said that President Putin answered directly that cryptocurrencies should not remain anonymous, and added mandatory identification All crypton users are to be introduced in Russia.
Anatoly Aksakov is convinced that crypto stocks have to be reported to the state in order to prevent their use to finance terrorism, drug trafficking and weapon acquisition at all. Among other things, he mentioned the taxation-Russians are obliged to pay taxes on their crypto profits, even according to the applicable legislation, but a special law on crypto taxation must still be passed by the Duma.
The high-ranking member of the house also spoke about the need to regulate the cryptocurrency mining that is spreading in Russia as a profitable business and as an alternative source of income for private individuals.
Aksakov noticed that if the Russian authorities decide to legalize the mining, this should be the case entered as an economic activity and taxed. He also insisted that differentiated tariffs for the energy used by mining companies should be introduced in accordance with the cross -subsidy system applicable in Russia. This would lead to higher electricity prices for miners.
The chairman of Aksakov's Social Democratic Party "A just Russia - for the truth", Sergei Mironov, called on the Bank of Russia, to legalize the market for cryptocurrencies and to speed up the introduction Digital Rubel . In his view, the supervisory authority hard posture hinders the development of crypto technology and makes it dependent on western payment systems.Various aspects in connection with cryptocurrencies, including mining, trade and taxation, remain unregulated in Russia even after the law comes into force in January 2021. A Working group currently preparing regulatory proposals to deal with these questions deal.
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