Anatoly Aksakov: “The first DFAs may be released in Russia by the end of the year” – Bits Media

Chairman of the State Duma Committee on the Financial Market Anatoly Aksakov suggested, that the first digital financial assets could be issued in Russia by the end of this year.

Aksakov stated this during his speech at the Moscow Academic economic forum. He noted, that after the law “On Digital Financial Assets” came into force (CFA) and digital currency " 1 january 2021 of the year, There are already three platforms for issuing DFAs registered in the country.

We are talking about the Atomyze platform from Nornickel, running on the Hyperledger blockchain. In February of this year, Atomyze was the first in Russia to receive permission from the central bank to issue and store tokens. In March, the Bank of Russia included the Sberbank platform in the list of DFA operators. The TMH platform was also registered (Transmashholding). Aksakov said, that two more sites are planning to receive the status of DFA operator.

The government is actively working to create a regulatory framework for regulating cryptocurrencies in the country, encountering some resistance from the Central Bank of the Russian Federation, which does not support the use of private digital currencies. The Ministry of Internal Affairs of the Russian Federation is making its contribution to the work on the bill on regulating cryptocurrencies in Russia (Ministry of Internal Affairs), Federal Tax Service of the Russian Federation (Federal Tax Service) and the Federal Security Service of the Russian Federation (FSB).

Aksakov expects, that in the near future the departments will come to a common opinion on this issue, and by the end of the year the first DFAs will be launched on registered platforms. They could lay the foundation for making payments using blockchain, becoming an alternative to settlements based on the US dollar, Euro and other fiat currencies, Aksakov said.

The deputy noted, that the government is in favor of legalizing mining and cryptocurrencies, which implies strict supervision of these industries. So, this month the Federal Antimonopoly Service (FAS) proposed to set limits on electricity consumption for miners, to prevent power grid overload.