Putin calls on the government and the central bank to achieve a consensus via crypto, Russia emphasizes mining potential - regulation
Putin calls on the government and the central bank to achieve a consensus via crypto, Russia emphasizes mining potential - regulation
President Vladimir Putin has joined the debate about the future of cryptocurrencies in Russia and asked the government and the central bank to work on a common position on its regulation. The Russian head of state also emphasized the strengths of Russia as a crypto mining destination.
Putin asks ministers and bankers to report with consensus on cryptocurrencies
The Russian President Vladimir Putin has added his comments on the ongoing discussion about how Russia's growing crypto room can be put in order. At the beginning of a video conference with the members of the Russian government, Putin commented on "a topic that is currently in the spotlight - the regulation of cryptocurrencies".
The central bank of Russia has its own position, said Putin and admitted some of the concerns expressed by the currency authority. The head of state pointed out that the experts from the bank believe that the expansion of crypto -related activities in view of the high volatility and other aspects, especially for Russian citizens, harbors certain risks.
The President also pointed out that the Bank of Russia is not standing in the way of progress and doing the necessary efforts to introduce the latest technologies in this area. His remarks come according to the cbr
a week ago, Russia's central bank suggested Coins, including edition, use, investment, trade and mining of cryptocurrencies such as Bitcoin. Their uncompromising attitude, which was worked out in a consultation paper on this topic, was Objection of members of the government and the parliament in Moscow.
This week the Ministry of Finance has joined the CBR against the CBR. The head of the Department of Financial Policy, Ivan Chebeskov, insisted that the cryptoma market was regulated and does not have to be banned. In his view, the main task is to protect the interests of investors and citizens who use cryptocurrencies, which requires regulation and not a ban.
According to a report by the RBC economic news portal on Thursday, the Ministry of Finance has prepared its own proposal to regulate cryptocurrencies without its ban. The department suggests that all crypto -related transactions should be carried out via Russian banks. It also calls for the introduction for Russians Have crypto money exchanges and divide investors into two groups-qualified and not qualified.
In his speech to the members of the Russian cabinet, Vladimir Putin also explained:
I would like to ask both the government of Russia and the central bank to come to a kind of unanimous opinion during the discussion, and I would like to ask you to have this discussion in the near future and then report on the results achieved.
The Russian President also emphasized the “competitive advantages” of his country in terms of crypto mining. Putin referred to the electricity surplus in high -energy Russia and the availability of qualified workers. Russia's importance on the Bitcoin mining card has since China last year has increased hard against industry has happened.
Do you believe that the Russian government institutions will agree on a common policy to regulate cryptocurrencies? Share your thoughts on this topic in the comment area below.
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