The Russian authorities intend to equate bitcoins to a foreign currency
The Russian authorities intend to equate bitcoins to a foreign currency
The Russian authorities want to equate bitcoins to a foreign currency: they issue in the country is forbidden, but has allowed the purchase and subsequent use in another country, said in an interview to”Rossiyskaya Gazeta”, which will be released on Tuesday, Deputy Finance Minister Alexei Moiseev.
Cryptocurrencies — electronic mechanism kvazilineinogo decentralized exchange. Is associated with the blockchain technology, which implies the idea of permanent records of all cryptocurrency transactions and data holders. In particular, in 2009 appeared the virtual currency bitcoin, which can be used for electronic financial transactions, including the purchase in online stores of real goods or services.
Moses recalled that the Finance Ministry continues the development of the bill criminalizing the use of bitcoin and other cryptocurrencies in Russia. “Our goal is to eliminate treatment of cryptocurrencies in Russia. According to the Constitution, the only currency in the country is the ruble. The only Issuer is the Bank of Russia. Thus, the issue of any other currency is becoming illegal,” — said the Deputy Minister.
However, the Russian authorities want to develop the technology of the blockchain, which is needed for data storage. “But the blockchain technology works so that bitcoins are always arise when it is used as by-products. And it is clear that we should exclude responsibility for the issuing of bitcoins operators have data in a situation that they had no risk to get punishment,”
— said Moiseev.
Yes, usage is limited to issue of foreign money in Russia is impossible. But currency you can buy to put in your pocket and go abroad,
"he said, answering the question whether it is possible to draw an analogy between bitcoin and foreign exchange.
Therefore, the bill we now Refine specific wording that this kind of transaction on purchase cryptocurrency with the purpose of their use outside Russia, as well as the sale of bitcoins abroad for profit was possible.
Moiseev added that a bill on bitcoin, in his opinion, be submitted to the Duma by the end of 2016.