The State Duma proposed to legalize cryptocurrencies following the example of drugs

Pavel Krasheninnikov explained how the problem of legalizing digital money can be solved.

Head of the committeeState Duma on legislation Pavel Krasheninnikovproposed to legalize cryptocurrencies in Russia, regulating their turnover in the same way as the turnover of narcotic substances. In an interview with EAN, the parliamentarian explained that the Russian authorities still hold a controversial position regarding digital currencies, but the problem can be solved if digital money is made with limited circulating capacity.

“We need to be able to carry outlegal transactions, in order to be able to inherit, must be included in joint ownership. Now it doesn't go anywhere. Let such currencies be of limited circulation, as, for example, happens with narcotic drugs, when somewhere it is possible, somewhere it is impossible, "- explained the deputy of the State Duma.

According to Krasheninnikov, now the governmenttakes the position "we do not want to legalize cryptocurrency, but we want to receive taxes." The current legislation adopted in relation to cryptocurrencies still does not answer the question of whether trading in cryptocurrencies in Russia is considered legal or not, the deputy added.

The Law "On Digital Financial Assets" entered intoeffective 1 January 2021. The document defines cryptocurrency, but prohibits its use in Russia to pay for goods and services. On February 17, the State Duma approved in the first reading a bill on the introduction of income tax or personal income tax for income received from transactions with digital currencies.

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