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Crypto Currency Will be Supported In Russia
September 9, 2017 19:14


 The Ministry of Economic Development will work on the idea of a crypto ruble with the Central Bank and the Ministry of Finance. This was stated by Deputy Minister, Oleg Fomichev, on the sidelines of the Eastern Economic Forum (EEF).

According to him, the department has nothing against the technology of blockchain and crypto-currencies, but it is necessary "to approach everything very carefully." He added that now there are no specific control measures for crypto currency in development, since the phenomenon is relatively new.

"The main thing is not to ban all this business, on the one hand. On the other hand, not to allow creating mechanisms for circumventing the current regulation in terms of anti-laundering legislation, countering the terrorism, and so on", Mr. Fomichev said. On August 30, the head of investment and corporate business of Sberbank CIB, Igor Bulantsev, said that Russia would become the most advanced state in the world in the case of creating a crypto ruble.

On August 25, Bloomberg reported on an offer to create a national welfare fund in Estonia, which would be replenished by selling the national crypto currency - Estcoin to the population.


Author: Anna Dorozhkina


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