on thursday There are conflicting reports in Russia regarding the regulatory state of crypto.reportBy Reuters, Russia’s central bank is looking at a ban. cryptocurrencies It cited risks to financial stability and rising transaction volume. The move was in line with a speech by Russian President Vladimir Putin last month. which indicates that the digital currency “High Risk” at Moscow Investment Forum The country’s central bank is preparing a recommendation report on the issue.
However, Anatoly Aksakov, chairman of the Duma committee. [รัฐสภารัสเซีย] financial market said at a press conference on the same day. According to a local news agency report interfax.ru that
“There are very strict guidelines regarding a complete ban on cryptocurrencies such as acquisition or ownership. And there are guidelines that require proper crypto exchanges that are all legal, transparent, and understandable for regulators. It will be easier for the Federal Tax Service of Russia to tax transactions. [exchange] such.”
President Aksakov also expressed support for mining regulations. It cited factors such as taxation, mining and electricity consumption of businesses. The officials in the country have focused on the launch. It has also enacted severe crackdowns on the private crypto sector, including banning mutual funds from investing in Bitcoin (BTC), while recent figures suggest that Russians made around 5 billion transactions. dollars per year in cryptocurrencies
The post Russia Deciding Between Crypto Ban and Legalization of Exchanges by 2022 appeared first on Bitcoin Addict.