The Ministry of Finance of Russia has changed the bill on the regulation of digital currencies – Bits Media

The Ministry of Finance introduced a new version of the draft law "On digital currency" to the government, Clarifying the provisions on cryptomaining.

The project was finalized and specified taking into account the opinions of "interested departments", the Ministry of Finance. And the full itself The text of the new version of the bill has not yet been disclosed. Specifics from the provisions of the new version of the law, concerning mining, The financial department also does not disclose.

In the previous version of the bill on the regulation of cryptocurrencies, transferred by the Ministry of Finance to the Government 18 february, It was said, that digital currencies are considered exclusively as a tool for investment. For participants in the cryptocurrency market, the concepts of a qualified and unskilled investor are introduced. Determination of digital mining, as amended by the Ministry of Finance, fixed, as "activity, aimed at receiving cryptocurrency ".

In the process of discussing the previous version of the bill, the Ministry of Industry and Trade proposed to oblige miners to use only Russian equipment to mining cryptocurrencies.

The Bank of Russia, in turn, sent to the Ministry of Finance a draft law on the introduction of a complete ban on organizing the release and circulation of digital currencies. The regulator requires the ban on the use of digital currencies as a means of payment in the territory of the Russian Federation and asks to prescribe in the legislation the measures of responsibility for the corresponding offense.

The Ministry of Finance of Russia then promised to take into account the proposals of "all interested departments."

Director of the Department of Financial Policy of the Ministry of Finance Alexei Yakovlev, reported, that the agency focuses on the section of the bill, dedicated to the extraction of cryptocurrencies and especially on solving the problem of maximum economic expediency of mining. In the new version, which is included in the government, “The possibility of reducing the risks of unlawful actions should have been taken into account, associated with money laundering and financing of terrorism ". As for the use of electricity miners. Officials were going to paint territorial planning options for the placement of industrial mining centers.