The situation in the midst of the war between Russia and Ukraine seems to be clearing the way for the legal trade of cryptocurrencies in both countries, although in the case of Russia things seem to be more advanced, probably the Russians have streamlined the whole legal issue as they face economic and financial sanctions emanating from Western states.
In this sense and according to information socialized by the web portal criptonoticias Russia through a draft law gives the green light to the sale and purchase of bitcoin but with restrictions, an element that in my opinion opens a new and very positive chapter in the cryptocurrency market.
It is worth mentioning that the law is expected to be approved in the second quarter of 2022, according to a recent announcement by the Ministry, the proposal submitted last February was revised, based on recommendations from other departments.
It is worth noting that the aforementioned bill in its original document states that the bill establishes very strict rules that seek to apply strong control over bitcoin transactions.
Basically the project establishes the authorization of trading with cryptocurrencies, always with the identification of the users involved in the transactions, additionally it is indicated that Russians will be able to carry out operations linked to digital currencies only through banks, using a bank account.
Another element implicit in the proposals of the bill is the possibilities opened for bitcoin miners, whose figure would leave the gray zone in legal matters as mining would be recognized as an economic activity.
SOURCES CONSULTED
CriptoNoticias Russian bill gives green light to bitcoin trading, but with restrictions. Link
OBSERVATION:
The cover image was designed by the author: @lupafilotaxia, incorporating image: Coinquora
