TDC News Will Russia Legalize Bitcoin?

TDC-NEWS Russia looking to regulate Cryptocurrencies.

After Japan recently passed a law to legalize payments

(Boris Titov )Presidential Commissioner for Entrepreneurs’ Rights and politician
suggested to the head of the Russian Central bank
that the Russian Central bank should follow, the Japanese model in regulating digital currencies
(Boris Titov) pointed out that Japan, has recognized digital currency as means of payments, not as money.

Russian Central Bank Deputy Chairwoman (Olga Skorobogatova)
has proposed to consider digital goods for the purpose of monitoring and reporting taxes
(Alexei Moiseev) Deputy Finance Minister noted in early June, that cryptocurrency regulation
will be similar to the regulation of derivatives, so should not be taxed
(Elvira Nabiullina) noted, don’t see some huge benefits from introducing digital assets in our economy.
Also noted that is more important to understand, the benefits of new technologies like Blockchain , which is on the basis of Bitcoin
Russia has not yet decided how to treat cryptocurrency
but (Nikolai Legkodimov) a kpmg partner,  is confident that Russia will be able to adapt the Japanese model.



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