Putin signed a bill banning payments for goods and services with cryptocurrencies.
Prema local media RBC, Russian President Vladimir Putin signed a bill making it a law that prohibits using digital financial assets (DFA) and digital utility rights (DPR) as a means of payment in Russia.
The bill was submitted for consideration by Anatoly Aksakov, head of the State Duma Committee on the financial market, on June 7.
„Zabranjeno je prenositi ili prihvatati digitalna finansijska sredstva kao naknadu za prenetu robu, izvedene radove, pružene usluge, kao i na bilo koji drugi način koji omogućava preuzimanje plaćanja za robu (radove, usluge) digitalnim finansijskim sredstvom, osim ako saveznim zakonima nije drugačije određeno.”
Anatolij Aksakov predloženo that digital currencies as inapplicable as a payment method. He reminded that Russia’s national currency – the ruble – remains the only official monetary unit of the nation.
Along with banning crypto payments, the law also levies crypto exchange operators to refuse transactions where it is possible to use such assets as a monetary surrogate. This means that crypto brokers facilitating payments are now subjected to the national payment system, in turn putting them under the oversight of the country’s financial regulator.
The law makes a reservation that the ban can be lifted in the presence of cases provided for by federal laws. The law will enter into force ten days after its official publication.
The Russian authorities were strongly divided on how to approach the local cryptocurrency industry. The country’s central bank always insistirao o potpunoj zabrani svih poduhvata digitalne imovine, dok Ministarstvo finansija vjerovali imposing regulations was a better idea.
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Source: https://thecryptobasic.com/2022/07/15/putin-signed-a-law-banning-payments-with-bitcoin-and-crypto/?utm_source=rss&utm_medium=rss&utm_campaign=putin-signed-a-law-banning-payments-with-bitcoin-and-crypto