Russia is officially allowing Crypto-Exchanges in February?

Home » REGULATIONS » Russia is officially allowing Crypto-Exchanges in February?
2018-01-15
Russia is officially allowing Crypto-Exchanges in February?

Alexey Moiseyev, the Deputy Minister of Finance of the Russian Federation, has reported about their department’s intention to legalize cryptocurrency exchanges. However, these platforms must be officially registered and obtain a status. This is the main condition of vote for the bill. The relevant bill will be provided for consideration in the State Duma in February.

The official comments:

“We don’t want to limit and regulate, but we will put some frameworks. The general idea is that people will be seling and buying at the official exchanges and it will be declared, legalized.”

Some changes will also take place in the Civil Code. People will be capable of using smart contracts while making agreements. The government believes that it’s time to be on the same page with the rest of the world – benefit from using blockchain technology, cryptocurrencies and smart contracts.

CRYPTOCURRENCIES
  • bitcoinBitcoin$5,073.07
  • ethereumEthereum$165.08
  • rippleXRP$0.328487
  • tetherTether$1.00
  • eosEOS$5.34
  • stellarStellar$0.115434
  • litecoinLitecoin$79.45
  • cardanoCardano$0.084496
  • tronTRON$0.026709
  • moneroMonero$66.99
  • iotaIOTA$0.320025
  • nemNEM$0.065990
  • dashDash$120.85
  • neoNEO$11.36
What is Cryptocurrency? How to Use, the Future of Crypto, the History of Bitcoin
Cryptocurrency market is actively developing and expanding. This relatively new industry is causing a lot of questions and attracting a huge number of investors, businessmen and ordinary people. “What is the future of cryptocurrency?”, “How to choose cryptocurrency exchange?”, “How to sell Bitcoins?” “What about cryptocurrency mining”? Millions of people read cryptocurrency news everyday and […]
2019-04-08 0 48
What is Bitcoin?
The cryptocurrency industry is becoming more and more popular all around the world. Despite the fact that there are more than 1000 different cryptocurrencies and the number keeps growing, cryptocurrency is often associated with Bitcoin. Bitcoin is the first modern cryptocurrency in the world; it attracts thousands of users and investors from different countries. Millions […]
2019-03-20 0 46
Bitcoin, Ethereum, Ripple, Monero, Dash, Tron: major differences and features
Investors see different names of cryptocurrencies and the movement of their courses, but typically don’t even know why the digital coins are so popular. Most of us have already Googled “How to buy Bitcoin” or “How to sell Ethereum”. Cryptocurencies are becoming more and more popular: Bitcoin price is fluctuating and its value is not […]
2019-03-19 0 45
What is Blockchain?
“Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix Global’s initiative in being the first of many such projects to successfully launch” – Vitalik […]
2019-03-06 0 43
© 2017–2018