Russia is working on the legal status of bitcoin, other Cryptocracus

Russia is in full legal recognition of Cryptocrycus. It develops a legal framework that will implement transactions using digital currencies like Bitcoin, RT reports.

Russian Finance Minister Anton Silonov told a new financial forum in Moscow that he has assured Bitcoin and other Cryptoonsenians to Russian consumers. The government will not punish those who are neither illegal nor use a cryptic currency.

It was successful from the Russian Ministry booth last year when President Vladimir Putin emerged after demonstrating the approval of digital currency.

Putin help
Putin met Ethel Batelin, the founder of Atam, who imposed the possibility of using the block chain of Russia, which is a bitcoin was the underlying technique. After that, a group of lenders pointed out the possibility of using technology to reduce costs. Meanwhile, a presidential assistant had announced the plan for the initial recapitulation plan (ICO).

Ministry of Finance
The Russian Ministry of Finance has already acceded and banned the use of cryptocuensi assessment in the apartment, which they consider dangerous. Now he got support from Putin And the state realized that digital currency is a part of the new economic realities, Silionov said there was no interest in withdrawing them. He said the next step would be to prepare a bill before regularizing the currency of the Crimean currency.

Sylionov has not yet disclosed further details, but simply stated that the purpose of the Russian Ministry is to buy Crichotaca's currency into the law, such as buying treasury bills and other securities.
Governor of the Bank of Russia
With other technology trends, digital currencies have not won over everyone. The non-believers in Russia are still the Governor of the Bank of Russia, Elvira Nabalina, evoked the global harassment of digital currency as an expansion of the "gold fever" and as a substitute for money misinterpreted l 'the use of.

In other news, China has not accepted the growing demand for crypto currency. In fact, its chief financial officer plans to close the main accounts of bitcoin, which resulted in a decline in bitcoin prices.

Following a recent decision by the People's Bank of China (P.B.O.C.) to prevent the IPO from raising funds, there are important assumptions about stress on the cryptorrange, which in popularity Increase.