Translated material
The Ministry of Finance proposes to plant for 4 years for turnover of cryptocurrencies
According to the deputy head of the Ministry of Finance, Alexei Moiseev, disagreements with the Central Bank of the Russian Federation regarding the regulation of cryptocurrency exchange for fiat currencies are eliminated, and the Bank of Russia will make a decision on this issue.
Criminal liability for the turnover of monetary surrogates may be up to four years in prison, Alexei Moiseev, deputy Minister of Finance of Russia, told reporters. According to him, such a period of punishment is provided for groups of persons committing a crime by prior conspiracy. “There will be a term in the area of four years, but only for collective schemes that include a large number of objects and volumes,” the deputy minister said.
According to Moiseev, disagreements between the Central Bank of the Russian Federation and the Ministry of Finance regarding the regulation of cryptocurrency exchange for fiat currencies and other assets are eliminated. He noted that the decision on this issue will be made by the Bank of Russia. The circulation of cryptocurrencies is planned to be adjusted through the prepared law "On digital assets".
Moiseev said that the threshold of participation for unskilled investors in the ICO will not be indicated in the law, this parameter will determine the Central Bank of the Russian Federation.
“The bill will be written“ at the discretion of the Central Bank ”. And he will have to establish his decision, ”he said.
Earlier it was assumed that unqualified investors with the amount of investments of up to 50 thousand rubles and qualified - with an amount of up to 150 thousand rubles will be able to participate in the placement of digital assets.
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