Russia to create more than 50 laws to regulate the market for crypto-coins

According to a Russian government official, two bills have been drafted on the subject.

"The committee that works toward the development of digital economy is ready. We are working with the Central Bank, with the government and, in principle, the MPs are ready to send these projects in order for the State to take the necessary decisions. "

The official also pointed out that these laws, in the first place, provides for the protection of Russian citizens against the risks associated with this market.

"More than 50 laws on various issues of the digital economy are expected to be adopted. Of course, we understand that this is very important for business, it is important for the state to reduce costs. We represent our voters, so first and foremost let's focus on the person, the user, their rights. "

The Russian government official stressed that before the introduction of these technological innovations, it is necessary to take into account that 30% of Russia's territory does not yet have access to the internet.

"So we first need to focus on securing internet access for the population and then implementing many projects related to the use of the Internet," he said