Russian lawmakers looking to establish state-backed crypto exchange

2022-11-24 15:00

Russian lawmakers are working on a draft amendment bill enabling the country to launch a national crypto exchange, local media Vedomosti reported on Nov. 23.

An unnamed participant in the discussions revealed that the lawmakers were in touch with market stakeholders on the amendments needed for the country’s crypto regulations. According to the report, the legislators want a draft document that considers the market players’ position before submitting it to the higher authorities.

The draft would need to get the approval of the Russian Central Bank alongside the country’s Ministry of Finance.

With this plan, Russia seeks to bring cryptocurrencies under state control. A member of the Committee on Economic Policy, Sergei Altukhov, said:

“It makes no sense to say that cryptocurrencies do not exist, but the problem is that it circulates in a large flow outside state regulation.”

Althukov added that there was a need to create conditions that would make cryptocurrencies legal in the country and “regulate the rules of the game.”

In July, the head of the Duma Committee on Financial Market, Anatoly Aksakov, hinted that Russia could create a national crypto exchange that would be part of the Moscow Exchange.

Recently, the Russian government has been advancing several pro-crypto bills to circumvent the sanctions imposed on it by the Western superpowers.

In September, Russian financial regulators agreed to allow the use of cryptocurrency for international payments. Apart from that, a bill that would legalize crypto mining activities and the sale of such mined cryptocurrency was introduced in the Duma.

The post Russian lawmakers looking to establish state-backed crypto exchange appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Safe Exchange Coin (SAFEX) на Currencies.ru

$ 0.0054306 (-0.25%)
Объем 24H $1.742k
Изменеия 24h: 1.41 %, 7d: -8.63 %
Cегодня L: $0.0053635 - H: $0.0055227
Капитализация $6.099m Rank 99999
Доступно / Всего 1.123b SAFEX

exchange russian crypto lawmakers establish looking state-backed

exchange russian → Результатов: 126


Why do we need market makers and what role do they play on Crypto Market?

In early August 2019, the pan-Asian cryptocurrency exchange Coineal, which is currently actively expanding its presence in Russian cryptocommunity, announced its entry into a strategic partnership with the technological startup BlockchainHouse, which provides unique services for our market: the company is specialized in the field of market-making (MM) for blockchain projects.

2019-8-21 13:59


Фото:

Moonday Mornings: The US is suing a cryptocurrency exchange owner to the tune of $100M

Good morning, and welcome to Moonday Mornings. Let’s take a look at the cryptocurrency and blockchain headlines from over the weekend. 1. The US Internal Revenue Service (IRS) is going after digital asset traders and has begun sending them letters asking that they report their cryptocurrency holdings and pay their taxes, Coindesk reports.

2019-7-29 10:55


Trump DOJ Sues Infamous Bitcoin Exchange for $100 Million

The Trump administration has filed a $100 million lawsuit against infamous bitcoin exchange BTC-e and its alleged operator, Russian national Alexander Vinnik. Vinnik, who remains in custody in Greece as governments worldwide jockey to extradite him, stands accused of laundering billions of dollars worth of cryptocurrency stolen from other exchanges, most notably Mt.

2019-7-27 15:04


Первый дериватив на криптовалюту Telegram появится в феврале

В феврале этого года торговая криптовалютная площадка Xena Exchange запустит первый криптовалютный дериватив на токен платформы Telegram Open Network (TON) Gram. Об этом сообщил сообщил Антон Кравченко, глава платформы Xena Exchange, основанной в 2018 году бывшими сотрудниками инвестиционных банков и технологических компаний, таких как J.

2019-2-7 14:19


Dec 13th Crypto News Recap – Basis Shut Down, Iran Mining, Google Searches, German Exchange, and More [VIDEO]

No ‘Significant' Changes to Russian Crypto Bill Draft According to Deputy Prime Minister No ‘Significant' Changes to Russian Crypto Bill Draft According to Deputy Prime Minister Basis Stablecoin Shuts Down, Refunds $133M in Raised Capital Due to Regulatory Issues Basis Stablecoin Shuts Down, Refunds $133M in Raised Capital Due to Regulatory Issues Low Cost Electricity […]

2018-12-14 00:17