Market news | The State Duma approved in the second reading a ban on the use of digital assets as a means of payment

According to the draft document, operators of electronic platforms are recognized as subjects of the national payment system.In this capacity, they are granted the right to settle transactions made using electronic platforms, subject to a number of requirements.

Among them, in particular, is the prohibition for the platform operator to provide its user with funds to increase his balance of funds accounted for in the nominal account, and the accrual of interest on the balance of the user's funds.

To control the procedure for settlements, it is envisaged that platform operators will be included in the register of the Bank of Russia, as well as its right, within the framework of supervision, to apply enforcement measures in cases of violations.

Now the list of transactions the subject of which are DFAs is open. At the same time, there is no direct ban on the use of DFA and digital digital currency as a means of payment.

The DFA exchange operator is obligated to refuse to facilitate the conclusion of transactions if these prohibitions are violated.

The bill also involves introducing into the law "About the securities market" changes aimed atimproving the procedure for establishing and terminating the pledge of issue-grade securities (including uncertificated securities), which secure the requirements for DFA.

The State Duma approved in the second reading a ban on the use of digital assets as a means of payment (fomag.ru)