The Ministry of communications: legal reasoning Bitcoin will not get

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2017-11-21 18:00:05

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The Ministry of communications: legal reasoning Bitcoin will not get Source:

Last week, first Deputy Chairman of the Central Bank Dmitry Tulin has suggested that the Central Bank is not considering the possibility of opening the state of the venues used for crypto operations. In addition, he suggested that the possibility of trading cryptocurrency can do to cover in the future. Today, the head of the RF Ministry of communications Nikolay Nikiforov continued gloomy forecasts with the assumption that Bitcoin is unlikely to gain legal basis in Russian law.

«Bitcoin is a foreign draft application of blockchain technology. Russian legislation does not consider bitcoin as a legal entity in Russia», — quotes the head of the Ministry of communications of the Russian Federation of RIA «news».

The Russian Authorities are trying to understand new terminology along the way warning of premature admission to trading of cryptocurrencies in Russia and the high risks of their use. The Finance Ministry, seeing the interest in cryptocurrencies, in turn, is trying to bring all the processes associated with them, «from the shadows». The Central Bank said that by the end of 2017 will present the concept of regulatory «sandbox», which will be the temporary regulation of cryptocurrencies, which will allow «hold on» until the summer — it was at this point President Putin instructed to designate in legislation the status of crypto-currencies.

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