In Russia they can introduce national cryptocurrency

A national cryptocurrency may appear in Russia, Kommersant writes . According to Rosfinmonitoring, the department is already conducting consultations with interested parties - the idea is discussed with representatives of banks, at meetings in the Ministry of Finance and the Central Bank.

According to Pavel Livadny, Deputy Director of Rosfinmonitoring, Russian cryptocurrency should not be uncomprint, i.e. generated by a computer according to a specific algorithm as bitcoin. She should have an issuer with rights and obligations. Such an issuer can be "financial organizations that will be entrusted to the emission of cryptocurrencies."

Companies and citizens will be able to exchange rubles or other currency for cryptocurrency in the so -called exchangers: on special electronic platforms and according to regulated rules. The identity of the acquiring cryptocurrency will be required to be identified, "to minimize anonymous translations."

In addition, it is assumed that simultaneously with the introduction of domestic regulated cryptocurrency, other cryptocurrencies will be prohibited in the country. The idea is not directly new, the publication notes. The bill prohibiting the circulation of cryptocurrencies in Russia and other “monetary surrogates” was published in the fall of 2015.

In January 2016, the need for criminal liability for the circulation of cryptocurrencies said the chairman of the Investigative Committee of Alexander Bastrykin . In support of his position, the official cited a number of arguments. One of them was the anonymity of the calculations in cryptocurrencies. Bastrykin referred to the data of the Prosecutor General’s Office, which claims that it is cryptocurrency to be calculated with the Islamic State Buyers of its oil and gas and it is precisely that money that IS uses when recruiting new members.

In March, the Ministry of Finance significantly tightened the bill on liability for the use of bitcoins, having provided for this huge fines and long terms of imprisonment. For individuals for the turnover of bitcoins, it is proposed to give up to four years in a colony, for persons acting in organized groups - up to six years, and for top managers of financial institutions - up to seven years.