The Russians will be obliged to undergo identification for operations with cryptocurrencies

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2019-03-07 15:00:07

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The Russians will be obliged to undergo identification for operations with cryptocurrencies

The Anonymity of kriptosistem in Russia does not Shine — in the state Duma is preparing an amendment to the digital assets, according to which for operations with cryptocurrencies will first need to pass a special identification. It is made specifically for combating money laundering. About the features of the new system, said the Chairman of the Duma Committee on Finance Anatoly Aksakov.

the

Under the hood

To transfer funds from the accounts of Russian banks in digital financial assets (CFA), citizens are obliged to obtain special «visa». Officials are still working on the individual parts of the legal mechanism. While the proposal is under initial consideration.

Some representatives of the Russian cryptocommunist responded to this news including a positive. Yes, anonymity has to be sacrificed, but the identification of cryptoperthite will facilitate official recognition of Bitcoin and altcoins in Russia.

Aksakov noted that the law on digital assets integrate in already existing legislation to combat money laundering. Now for such crimes shines a penalty of imprisonment up to 15 years. Transactions with coins without identification will be considered a sign of illegal schemes.

The initiative of the deputies also approved the Ministry of Finance. According to representatives of Agency, the identification of cryptocurrencies will help to minimize the risks in the fight against corruption and fraud.

Unfortunately, in the state Duma still refused to recognize digital assets for legal tender on the territory of the Russian Federation. Most likely, the crypt will remain a tool only for trading and investment. It is noteworthy that the identification process would more resemble the listing of coins on the exchange in a simplified form.

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image Source — RIA Novosti

According to blockchain experts in the state Duma, officials are making the first steps for the companies and big players of the stock market «from the shadows». Now they can make their activities on the basis of the law and count on the support of lawyers.

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