The legal department of the State Duma criticized the bill on cryptocurrencies and mining – Bits Media

The legal department of the State Duma indicated the initiators of the bill on cryptocurrencies and mining for the presence of internal contradictions in the document and rejected the coordination until the remarks were eliminated.

The bill "On Amending the Federal Law on Digital financial assets, digital currency and amendments to certain legislative acts of the Russian Federation ”is represented by deputies of the State Duma Aksakov A.G., Gordeev A.V.. and Davankov V.A..

The legal department of the State Duma has stated, that the proposed changes in the part 2 Articles 141 Federal Law No. 259-FZ, providing for the replacement of the concept of “release of digital currency in the Russian Federation” for “creation of digital currency in the Russian Federation”, entail internal contradictions. So, in parts 1 and 4, as well as in the designed part 8 The concept of "release of digital currency in the Russian Federation" is used. In this case, the article regulates the circulation of digital currency, not its creation.

Besides, Part 2 Articles 141 It provides for the obligation of the person, mining, “Provide information about the receipt of digital currency, credited as a result of mining, in order and deadlines, established by the legislation of the Russian Federation on taxes and fees ". but, This norm is not consistent with the Tax Code of the Russian Federation, which does not establish a similar order and deadlines.

Legal administration involves, what is in the part 3 designed article 141 A direct ban on transactions on the alienation of digital currency should be set, obtained as a result of mining using objects of Russian information infrastructure. Exceptions should relate to transactions in accordance with the established experimental legal regime.

In addition, The legal department of the State Duma proposed the initiative group of deputies to submit a bill to an imprisonment in the Bank of Russia in accordance with the article 7 Federal Law No. 86-ФЗ "On the Central Bank of the Russian Federation".

Earlier, the chairman of the State Duma Committee on the Financial Market Anatoly Aksakov confirmed the intention of the authorities to completely ban the turnover of crypto assets in Russia and introduce responsibility for the use of cryptocurrency as a means of payment in Russian jurisdiction.