Companies registered in special administrative areas (SARs) on the island of Russian (Primorsky Territory) and the island of the Oktyabrsky (Kaliningrad region) can test the calculations in cryptoactives. This proposal was made by the First Deputy Chairman of the Committee of the Council of Budget and Financial Markets, Alexander Schenderek-Zhidkov.

According to him, such companies are not considered currency residents of the Russian Federation, which meets the requirements of the Bank of Russia so that transactions with digital assets are not carried out inside the country’s foreign exchange space.

“It would be quite possible, in addition to the experimental legal regime, to extend the same logic to Sarah. I would give some freedom in the implementation of these issues, when there are more participants, we could better see the situation from the inside, ”Schenderyuk-Zhidkov explained.

In addition, he advocated to offer foreign organizations “with Russian roots” the procedure for changing jurisdiction to Sarah.

“Thus, part of the crypto acts that have Russian roots, we could land on the territory of the Russian Federation, which is also important from the point of view of the return of capital from abroad,” Schenderyuk-Zhidkov said.

In his opinion, it is necessary to show activity on the application of cryptocurrencies, given the initiatives that the authorities conduct in other countries, in particular, in the USA.

In turn, a member of the expert council of the working group on legislative regulation of the circulation of cryptocurrencies of the State Duma Mikhail Uspensky said that this proposal can be implemented. However, for this it will be necessary to change the conditions of the experimental legal regime (EPR).

Previously, a survey conducted by experts of the Investment World Investment Investment Company showed that Russian qualified investors consider the lack of knowledge about digital assets and high volatility of coins for the main barriers for investing in cryptocurrencies.