Russian employers will not be able to use digital assets to pay wages, even partially. This was reported in the Ministry of Labor and Social Protection of the Russian Federation.

According to the law, digital assets are recognized in Russia by property, but not a means of payment. This makes it impossible to use them for calculations with employees who are tax residents of the Russian Federation and are obligated to receive salaries in rubles.

The Ministry of Labor commented that some employers mistakenly considered the start of an experiment allowing cross -border operations with digital assets for foreign economic activity, a signal for the use of cryptocurrencies for salaries, especially for employees of foreign representative offices.

However, the Ministry of Labor said that, according to the provisions of labor legislation, such calculations are unacceptable, even if the employee is abroad and is a tax resident of the Russian Federation. Violation of this rule will threaten companies with fines up to 1 million rubles.

Earlier, the head of the Bank of Russia, Elvira Nabiullina, noted that the regulator opposes the use of cryptocurrencies as a payment fund.

“Cryptocurrency cannot be a means of payment, and its turnover in the country is legally limited,” the head of the Central Bank said.

The Bank of Russia noted that it is important for the regulator to maintain control over monetary circulation and financial stability, since the mass transition to the payment of salaries in cryptocurrency threatens the loss of personal income tax and insurance premiums, as well as a decrease in the role of the ruble.

The day before, the Central Bank announced plans for a large -scale campaign that contributes to the popularization of a digital ruble.