The State Duma adopted in the final, third reading the law on digital financial assets (DFA) and digital currency.
The adopted law distinguishes between the concept of "digital currency" and "digital financial assets".
An important difference between CFA and digital currencies isThere is always an obligated person with respect to the digital currency, there is no obliged person with respect to the digital currency. DFA, as a type of digital law, is an object of civil rights and, in this regard, acts as a legal object of civil transactions. Digital currency is not directly recognized as an object of civil law.
CFA can be an object of purchase and sale transactions, exchange of one type of CFA for another, CFA can be pledged.
The distribution of information aboutselling or buying digital currency as payment for goods, works, services. At the same time, we are talking only about crypto-exchanges that operate using national domain zones, information systems and hardware complexes of which are also located on the territory of the Russian Federation.
The law will come into force on January 1, 2021.
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