The first version of the regulation that will legalize cryptocurrency trading in Russia has been published

According to the news of the local news agency TASS, the Ministry of Finance of the Russian Federation; Presented the Draft Digital Assets Regulation, which establishes a legal system for cryptocurrencies, ICOs, mining and trading. failed to unite. According to the central bank, digital currency trading rules should only apply to tokens that will attract financial investments. /p>

According to the terms of the bill, cryptocurrencies and tokens represent a digital financial asset that is not allowed to be used as a method of payment in Russia.

Ministry of Finance, cryptocurrency trading through authorized cryptocurrency exchanges seeks to protect the rights of unqualified investors by allowing the. ICOs must be accompanied by some legal documents that explain the details of the contract, such as the issuer’s full name, location, official website, and the price of a token. It is not allowed to invest more than 50 thousand Rubles, which is equivalent to a.

Finally, it has been reported that the final version of the bill will be published before 1 July 2018.