May 4, 2024

Manturov: cryptocurrency can be legalized as a means of payment

The head of the Ministry of Industry and Trade Denis Manturov said that cryptocurrency in Russia can be legalized asmeans of payment.

Legalization of cryptocurrency in Russia — It's a question of time. This opinion was expressed by the Minister of Industry and Trade of the Russian Federation Denis Manturov.

“The question is when this will happen, howwill happen and how it will be regulated. Now both the Central Bank and the government are actively engaged in this. But everyone is inclined to understand that this is the trend of the time, and sooner or later, in one format or another, this will be implemented. But, once again, it must be legal, correct, in accordance with the rules that will be formulated,” the minister said, speaking at the New Horizons educational marathon.

Recently, the legislative framework in the fieldmining and crypto-currency assets is being developed at an accelerated pace. Currently, the State Duma Committee on the financial market is considering a bill on mining, and on May 17, the State Duma adopted in the first reading a bill on CFA taxation.

</p></p>