In the State Duma a draft government law regulating the privileges of proprietors and tokens digital money Civil Code.

The co-creators of the bill were the director of the State Duma Vyacheslav Volodin and the administrator of the advisory group for state development and enactment Pavel Krasheninnikov. The report proposes presenting the ideas of "computerized law" and "advanced cash" in the Civil Code.

As per the bill, the Civil Code proposes to combine the fundamental ideas that permit to direct the market of new questions of monetary relations, for example, tokens and cryptographic forms of money, and to give legitimate conditions to making and executing exchanges in the advanced environment. In expansion, the bill sets up the likelihood of legal security of residents and associations that claim these advantages.

"Specifically, legal assurance of the rights emerging in relations regarding such protests will be guaranteed, including the security of their proprietors against mishandle," the informative note to the bill says. Amendments to the Civil Code will permit "staying away from the utilization of tokens and digital forms of money to pull back resources for an unregulated situation and pull back from abandonment," including chapter 11, to launder continues from wrongdoing and financing fear based oppression. "

Incorporation of tokens and cryptographic money as "advanced rights" in the quantity of objects of social equality will make a legitimate reason for the tax collection of such questions and mining, the record says.

A week ago, the State Duma also introduced a bill "On Digital Financial Assets." The record characterizes advanced money related resources, which incorporate cryptographic forms of money and tokens, and additionally another kind of agreement in electronic shape is lawfully settled a keen contract.

The bill of the Ministry of Finance "On Digital Financial Assets" was reported by the Ministry of Finance on January 25.