The Ministry of Finance and the Bank of Russia will look for a balance between the restriction of the rights of cryptocurrency holders and the creation of a separate category of superclified investors who will be allowed to crypto -trade in the framework of a special experimental legal regime (EPR), said Deputy Minister of Finance Ivan Chebeskov.
The Russian official at the St. Petersburg International Economic Forum said that restrictions are now being discussed at the level of the leadership of the Ministry of Finance and the Central Bank. According to the deputy minister, among issues that need to be resolved – regulation of the use of cryptocurrencies to those who have long been using them “outside the legal field”, that is, ignoring EPR.
The official said that investors who will be allowed to trade digital assets in the EPR are obliged to have knowledge, understanding of products and capital in order to take over increased risk.
The Russian authorities are discussing the creation of a controlled crypto -story for EPR. First of all, the use of existing trading floors is considered, since they have appropriate technologies, the deputy minister explained.
An important issue has not yet been resolved: what to do with existing crypto platforms outside the EPR that Russians use. That is, international crypto -streaks and local services. The department hopes to determine the parameters of the experimental legal regime by the end of the year, promised Chebeskov.
Earlier, Ivan Chebeskov said that the Moscow Exchange may become the organizer of trading in the framework of the experimental legal regime, and the experiment itself is planned to be launched in six months.
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Source: Cryptocurrency
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