At the Sberbank conference “FI day. Blockchain: on the threshold of the financial era,” Deputy Chairman of the Board Popov said that various aspects are now being “worked out” with market participants:
“We understand the importance of using stablecoins or cryptocurrencies for foreign economic activity. Right now the nuances of this regulation are being worked out with the Bank of Russia. We expect to make the first transactions with cryptocurrency before the New Year.”
Popov said that the issue of the emergence of a state exchange for trading cryptocurrency is being studied separately under the so-called experimental legal regime:
“Suppose a miner has produced a certain amount of crypto instruments and must sell them, preferably not outside, but within the Russian Federation. Obviously, such platforms will appear within the framework of the experimental legal regime. The bank is currently discussing the possibility of creating them.”
According to the top manager, in July Sberbank sent wishes to the Bank of Russia regarding the parameters of the experimental legal regime for cryptocurrency exchange trading.
Earlier, Anatoly Popov said that cryptocurrencies are better suited for cross-border payments than Russian digitalized assets (DFA) issued with government support.
Source: Bits
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