04/08/19 10:00 UTC-4

The bill on working with cryptocurrencies will be adopted in Russia

The Prime Minister of the Russian Federation, Dmitry Medvedev, instructed the Ministry of Finance and the State Duma to consider and adopt a bill regulating cryptocurrencies by November 1 of this year. According to information in Coinspot, the document will be called "On Digital Financial Assets".


Russian regulation of cryptocurrency

As reported in Coinspo, the new Russian bill on "Digital financial assets" will be adopted until the first of November. This information follows from the official protocol after the meeting with the Prime Minister. The information on the legal regulation of the cryptocurrency industry and concise terms for the adoption of the bill was also confirmed by the head of the State Duma Committee on the financial market, Anatoly Aksakov.

According to the information, the new bill does not contain such terms as "cryptocurrency" or "tokens", they were replaced by "digital securities" and "digital money". The new law aims to regulate the regulatory aspects of cryptocurrency ownership, as well as doing business with digital money.

It is important to take into account that the news about cryptocurrency has recently published materials on the regulation of digital assets at the state level.

In Russia, they will pass a bill to work with cryptocurrencies. Recall that the Russian Soyuzmash, together with the expert council of the State Duma on defense industry policy, proposed to the Central Bank of the Russian Federation a project for the sale of weapons for cryptocurrency.

Editor: Godfrid Brower

See also: "Germany has lost its BitPay cryptocurrency provider"

#cryptocurrency #Russia #bill #digitalmoney #cryptocurrencyregulation #legislation



16/08/19 07:00 UTC-4

A Wall Street analyst is confident in the growth of Bitcoin

Yesterday, August 15, a prominent Wall Street analyst and co-founder of Fundstrat Global Advisors financial agency, Tom Lee, said he was confident in the imminent increase in the value of digital gold. According to an interview at Fox Business, by the end of 2019, cryptocurrency could hit a new historic high.

13/08/19 07:49 UTC-4

Ethereum cryptocurrency will be at $1000: survey results

A few days ago, on August 10, Nick Patel, a well-known trader and author of the bestseller about altcoins, conducted a social poll on his Twitter, which concerned the value of the second cryptocurrency by capitalization level – Ethereum. The results showed that more than half of the respondents are sure that the coin rate will be above a thousand US dollars.

31/07/19 05:10 UTC-4

The US Senate held a hearing on regulatory cryptocurrency issues

Following the previous hearings in mid-July, on July 30, the US Senate Banking Committee on the regulatory framework for cryptocurrencies and blockchains held a hearing entitled "Study of the regulatory framework for digital currencies and blockchain."

Fiat money, funds