• Virtual money in Russia will be banned in the spring of 2015

  • The law banning the use of virtual money will be passed by the Parliament in the spring of 2015. This was stated by Deputy Finance Minister Alexei Moiseev, reports ITAR-TASS. According to him, is now undergoing approval of the documents required for submitting a draft law to the Duma.

    Arguing the need for the adoption of such restrictions, Moses referred to the European experience, where the flow between the virtual and the real monetary system it was also decided to prohibit.

    That the Ministry of Finance is developing a project on combating electronic currencies, it became known in August. While the press reported that it will not apply to electronic money (e.g., PayPal), and game currency. We are talking only about solvent currencies, which are independent of emission centers, in particular, bitcoin.

    In June, the Chairman of the Central Bank George Luntovsky stated that over time, the regulator and the government will be able to develop rules for the treatment of bitline and other cryptanalytic. He noted that perhaps this tool future.

    In late January, the Bank of Russia provided the first official comment on the regulation of cryptanalyst. The Central Bank warned the citizens of the Russian Federation from the use of bitcoins and noted that according to the Russian legislation the issue of "quasi-money" on the territory of Russia. The regulator has announced that it will include transactions with cryptanalytic in the category of questionable activity.

    Warning use of bitcoins previously were also made by the Central Bank of France, India, and Estonia. However, none of these regulators was not announced bitcoin outside the law. Along with the Central Bank of the Russian Federation, restrictive measures in respect of cryptanalytic introduced the national Bank of China. The Chinese regulator has allowed citizens to use bitline at your own risk, but ordered banks to refuse transactions with electronic money.


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