Technology

A petition has appeared against the adoption of new cryptocurrency bills in the Russian Federation

Change.org created petition on the revision of the draft legal guidelines on the regulation of digital currencies in the present model and the rejection of the ban on cryptocurrencies in the Russian Federation.

The petition was initiated by crypto fanatic Ruslan Zakharkin.

“If legal guidelines are adopted in the interpretation in which they're written, this will likely be a blow to the private and financial rights of the complete inhabitants. Multi-million fines and imprisonment are unacceptable ”, Zakharkin stated in a touch upon ForkLog.

The petition includes the preparation of new bills taking into consideration the views of the group, consultants and enterprise.

When creating regulation of the cryptocurrency market in Russia, it is usually proposed to depend on Belarus expertise.

Recall in the Ministry of Financial Improvement directed a bundle of bills to manage digital currencies and property. The paperwork contain the introduction of administrative and felony legal responsibility for violation of the guidelines for working with digital currencies.

Earlier in the Central Financial institution of the Russian Federation declared the want for a invoice on digital currencies as rapidly as attainable.

Subscribe to ForkLog information on Telegram: ForkLog Feed - the complete information feed, ForkLog - the most necessary information and polls.

Discovered a mistake in the textual content? Spotlight it and press CTRL + ENTER

subscribe to information Forklog

READ  FATF: US imperfectly enforces our cryptocurrency regulatory recommendations

About the author

Avatar

Sam Conley

Sam Conley is new to online journalism but she is keen to learn. She is an MBA from a reputed university. She brings together relevant news pieces from various industries. She loves to share quick news updates. She is always in search of interesting news so that she can share them as well to Sunriseread's readers who could enjoy them with their morning coffee.

Add Comment

Click here to post a comment

Quick Contact!

To get in touch with Sunriseread or to tell us about a Story or Press Release, just send an email to lindahopkins128 @ gmail.com
. And, we will get back to you shortly.