The Ministry of Economic Development conceptually supported the bill of the Ministry of Finance “On digital currency”, proposing to finalize the document. This was reported to Izvestia in the press service of the Ministry of Economics .

“The Ministry of Economic Development of Russia conceptually supported the bill. However, certain provisions of the bill need to be improved. In particular, the concept of mining, the procedure for paying for digital currency, separate requirements for persons who are operators of the exchange of digital currencies and operators of digital trading platforms need to be clarified, ”the ministry said.

Feedback from the Ministry of Finance on these proposals has not yet been received, specified in the Ministry of Economics.

The document that Izvestia has at its disposal provides definitions “digital currency” recognizes cryptocurrencies as property, but prohibits their use as a means of payment, and also regulates mining. At the same time, the bill contains requirements for the identification of all buyers of cryptocurrencies and the implementation of all cryptotransactions only through banks and obliges unqualified investors to undergo online testing in order to purchase cryptocurrencies in the amount of more than thousand rubles per year, but not more than 600 thousand (no restrictions are provided for qualified investors and legal entities).

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