Russia plans to create its own regulated cryptographic currency, told “Kommersant” in Rosfinmonitoring. The Agency is conducting consultations with the interested parties — the idea is discussed with representatives of the banks at meetings in the Ministry of Finance and the Central Bank.
It is assumed that adjustable Russian cryptocurrency does not have to be emission-free — that is not just generated by the computer according to a specific algorithm as bitcoin, without any legal responsibility for the process.
The currency will be the Issuer with rights and obligations. They can be financial institutions who will be entrusted with the issue of cryptocurrencies”. This activity, as suggested by the Federal financial monitoring service is likely to be licensed.
To exchange rubles or another currency for a cryptocurrency company and citizens will be able on a special electronic platform for the exchange, according to regulated rules. The identity of the acquiring cryptocurrencies will necessarily be identified to minimize anonymous transfers.
It is also expected that simultaneously with the introduction of domestic regulated cryptocurrency will be banned from circulation on the territory of countries other cryptocurrency — informed such a proposal put forward by the Ministry of Finance.
