You can relax: the law on digital of financial assets will come into force not before 2019
Source:The state Duma gradually wedged in the regulation of the cryptocurrency market. Soon the governmental body should adopt a law on digital of financial assets. However, according to the head of the Duma Committee on financial market Anatoly Aksakov, the law will come into force not before 2019. He stated this on the forum Finopolis. Before the event ended in Sochi.
theHow to manage PPC to Russia
Aksakov said that the outbreak of the first version of the bill must be agreed with the presidential administration. If its representatives will not find in the act no problem, the official review will be on the Nov. After a successful vote in the state Duma the law on digital of financial assets should enter into force in early 2019.
It is Noteworthy that neither is on the same page of the document does not appear the word «mining». Accordingly, lawyers are unable to interpret the production of the crypts as a legitimate business, which means miners will not pay taxes.
Earlier, Aksakov claimed that miners will demand taxes. While in the original version of the bill did not want to mention the word «cryptocurrency», because in this case, officials would have to recognize digital assets for legal tender on the territory of the Russian Federation. While the exact wording of hashing remained unclear. So, we can only wait for new decisions of the government on this issue.
image Source — eCrypto
Initially the bill on digital of financial assets was adopted by the state Duma in may this year. In the first edition of the document included only one type of transaction — exchange of coins for foreign or national currency. The crypt was divided according to the Issuer. The token issue was fixed in just one Issuer, and mining of crypto-currencies was fixed for miners. Deputies also planned to identify in the field of law smartcontract.
Information was prepared . To understand the laws you will always help our members .
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