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The Central Bank will determine the future of cryptocurrency exchange in Russia



Disagreements are lifted, now it is necessary to make the appropriate decision.



20.Mar.18 3:03 AM
By Abigail Richards
Photo Toinnov.com

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The Central Bank will determine the future of cryptocurrency exchange in Russia
The Central Bank will determine the future of the cryptocurrency exchange in Russia. Thus, according to media reports, disagreements over the transfer of crypto-currencies, which previously arose between the Ministry of Finance and the Central Bank, have already been lifted. And, as noted, the country's central financial regulator will answer for the further fate of this issue.

"Disagreements have been lifted, the Central Bank will make a decision," said Deputy Finance Minister Alexei Moiseev.

In turn, many experts say that, despite the removal of disagreements, the issue may remain for a long time without the solution.

It is worth noting that the disagreement between the Ministry of Finance and the Central Bank arose at the beginning of this year. A little later the agencies returned to this issue, but the Ministry of Finance followed a more liberal approach and proposed to allow the exchange of the Crypto-currency at any trading floor. At the same time, representatives of the Bank of Russia expressed concerns about the fact that digital money will be used to launder funds received by criminal means. Also, it was said that using crypto-currencies it will be possible to avoid taxes.



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