Crypto & Blockchain News 5 Jan 2021: Bitcoin SV, Bitcoin Cash, Bitcoin, Ethereum, Rippe
The Central Bank of the Russian Federation proposes to prescribe annual restrictions on their purchase and exchange in the draft law on digital financial assets. Compliance will be monitored by operators who will be obliged to track all transactions and exchange data with each other.
Anatoly Aksakov, head of the State Duma Committee on the financial market, confirmed RBK the regulator’s intentions to impose restrictions on operations with CFA for the population. However, a specific limit has not yet been established, but it may be equal to the limit established in the draft law on crowdfunding and amount to 600 thousand rubles. in year.
The Central Bank proposes to introduce restrictions on the total value of purchased or exchanged digital assets. Recall that the State Duma plans to expand the concept of CFA. This term will include not only cryptocurrencies and tokens, but also digital rights to securities, equity participation, monetary claims, real estate and other property. Therefore, the proposed limit will apply to cryptocurrencies issued in the Russian Federation under the future law..
The new version of the draft law on CFA also provides that all operators working with tokens are required to monitor their sale, movement and volumes, and, if necessary, disclose information to law enforcement agencies. Operators will be registered separately, and only legal entities will be able to issue the issue. persons and individual entrepreneurs acting in accordance with Russian laws. Transactions with cryptoassets will have to be carried out only through credit institutions or exchanges.
Earlier Anatoly Aksakov also said that in Russia will need to go through a special identification procedure in order to carry out operations with cryptocurrencies.
text: Ivan Malichenko, photo: openrussia