March 4, 2024

Copy-paste | In Russia, it will be banned to pay with cryptocurrency

The Central Bank and Rosfinmonitoring are preparing a crushing blow to cryptocurrency and want to legislateprohibit the payment of any goods and services with digital money.

This information was voiced by an anonymous source.Izvestia, which is personally familiar with the initiative of the departments. When exactly the relevant order will be officially adopted is not reported. However, it became known that work is already underway to create a document. Alexei Yakovlev, deputy head of the banking regulation department of the Ministry of Finance, noted that he does not see any prerequisites for Bitcoins and other digital coins to be used as a means of payment.

The Central Bank reports on the upcoming ban oncryptocurrency is not confirmed. However, representatives of the regulator noted that "it is advisable to support such an initiative and prohibit any payment transactions with digital coins."

For whom the ban on the crypto will hit

Introduction of a ban on the use of cryptocurrency,as a means of payment, will primarily affect small businesses and freelancers who receive payment for services rendered in bitcoins or other crypto coins. Let us remind you that today dozens of online stores, eateries, cafes, sites selling software, components for equipment are ready to accept payment with cryptocurrency. The introduction of a ban on payments with digital means of payment will actually lead to a loss of profit for these organizations.

Freelancers who provide a wide range of services will also suffer: from programming to copywriting, for payment with cryptocurrencies.

Copy-paste | In Russia, it will be banned to pay with cryptocurrency

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