Russia to introduce cryptocurrency regulation

According to a senior government official, official cryptocurrency laws are expected to be introduced into Russia’s national legislature on December 28.

Russian media sources RIA and TASS, financial markets Anatoly Aksakov, the deputy who heads the committee, said that he will officially formalize the rules that require the creation and change of cryptocurrencies.

Aksakov told the RIA:

We hope that its acceptance will be in March. The problem is; There are many people who buy cryptocurrencies and they are being deceived, we have to give people the opportunity. We work legally to protect them as much as possible. ” he said.

The comments confirmed that Russia would not complete the bill until the end of the year, as Aksakov had previously stated. had said. The said measures suffered a number of delays, partly due to conflicting points within the framework of the proposed laws.

To Take Place After Putin’s Order

The bill also includes Russian President Vladimir Putin’s, especially the ICO’s.

As quoted by TASS, Aksakov referred to Putin’s directives when talking about what is expected to happen in the coming weeks:

“We have a deadline set by the President, and a presentation will be made in one week to begin discussion of the issue.”

Coindesk