Anatoly Aksakov: Russian exchanges are ready to work with cryptocurrency

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The largest Russian exchanges are ready to start working with cryptocurrencies if the legal conditions for international crypto payments are created, declared Anatoly Aksakov, head of the State Duma Committee on the Financial Market, in an interview with Parlamentskaya Gazeta, reports RBC Crypto.

According to Aksakov, Moscow Exchange, St. Petersburg Exchange and St. Petersburg International Commodity Exchange are actively working to develop this market and are ready to immediately get involved in the process, since the infrastructure is already ready. The bills are being discussed, and according to Aksakov, they can be adopted as early as November.

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On September 13, Prime Minister Mikhail Mishustin instructed the Ministry of Finance, the Bank of Russia, Rosfinmonitoring, the Federal Tax Service and the Federal Security Service to develop an agreed position by December 19 on draft federal laws regulating the issuance, organization of issuance and circulation of digital currency in Russia, mining, as well as the use of digital currencies in international settlements.

At the end of last week, it became known that the Bank of Russia and the Ministry of Finance as a whole had already agreed on a bill regarding the use of cryptocurrencies in cross-border settlements. At the same time, Alexei Moiseev, Deputy Minister of Finance, noted that the problem of “entry and exit to fiat” still remains unresolved.

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Source: Cryptocurrency

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