Last week, the first deputy chairman of the Central Bank of Russia, Dmitry Tulin, suggested that the Central Bank does not consider the possibility of opening state sites for carrying out crypto-currency transactions. In addition, he suggested that the possibility of trading with crypto currency can be completely covered in the future. Today, the head of the Ministry of Communications of the Russian Federation Nikolai Nikiforov continued the sad forecasts with the assumption that Bitcoin is unlikely to receive legal justification in Russian legislation.
"Bitcoins are a kind of foreign project for the use of blocking technology. Russian legislation will not consider bitcoin as a legal entity in the Russian Federation ", - quotes the head of the Ministry of Communications of Russia, RIA Novosti.
The authorities of the Russian Federation are trying to understand the new terminology, simultaneously warning about the premature admission of crypto-currencies to trading in the Russian Federation and the high risks of their use. The Ministry of Finance, seeing interest in crypto-currencies, in turn, tries to bring all the processes associated with them, "out of the shadows." The Central Bank said that by the end of 2017 they will introduce the concept of a regulatory sandbox, where the temporary regulation of the crypto currency will be carried out, which will allow to "hold out" until the summer - by that time President Putin has instructed to designate the status of a crypto-currency in the legislation.
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