On December 18, “United Russia” party submitted a new bill to Duma. According to “RosKomSvoboda”, it contains provisions on the partial legalization of Bitcoin . The bill could have some influence on the Russian cryptocurrency market, as well as markets of neighbouring CIS countries. CoinTelegraph conducted a survey of experts to find out the exact mechanisms of such influence. Unclear Horizon
According to Ivan Tikhonov , the head of BitsMedia , “it is unclear how it will influence the market in Russia so there could hardly be any assumptions about its influence on CIS countries”. Tikhonov stated to CoinTelegraphCT r: 27 : “The statements are blur, there are many conditions that could be interpreted controversially. Besides, there are great doubts that there will be any changes until the bill is actually adopted by Duma”. An Optimistic Note
Head of the project "RosKomSvoboda", Artem Kozlyuk states, that “the bill can be changed a lot before it is actually read at Duma. Some provisions could be changed or removed from the final version at all”. “There are many interesants which are quite regressive towards BitcoinCT r: 11 . For example, the Ministry of Finances, Security Services, State Drug Control Agency and, partially, the Central Bank . The latter has even created the research group to study Bitcoin and Blockchain technology”. Nevertheless, Artem stays optimistic to some provisions of the new bill. He adds that, “the new bill is better than the former Bitcoin legislation anyway, especially if we talk about the part that concerns administrative punishment”.
Technically, the new bill allows the spreading of information about the emission of cash equivalents. It also allows the creation of software for the emission of cash equivalents under the condition that it’s done by specialized issuers or at specialized events. Besides, the annotation to […]
