Miners will bring 7 billion to the country's budget per year

[tanjimajuha20]

turnover of digital financial assets (DFA) was named one of the most pressing topics, along with the development of partner financing and the protection of the rights of consumers of financial services. Andrey Melnikov, General Director of the Deposit Insurance Agency, stated the fact that the denial of DFA by regulators and financial market participants has been replaced by acceptance.

First Deputy Head of the benin phone number list Central Bank of Russia Vladimir Chistyukhin called the use of digital financial assets for international payments a priority. In his opinion, all possible instruments should be used in this area. However, in general, a careful approach is needed in regulating this area.

Chairman of the Financial Market Committee of the State Duma of the Russian Federation, Chairman of the Council of the Association of Russian Banks Anatoly Aksakov spoke about the plans of legislators. According to his assessment, cryptocurrency mining will be legalized by the end of this year. At the same time, mechanisms will be provided for taxation of this type of income.

Also, in the very near future, a legal basis for using digital financial assets as a means of cross-border settlements will appear. However, the use of digital financial assets as a means of payment within the country will be prohibited.

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State Duma deputies have submitted a bill for consideration regulating the procedure for mining digital currencies and their subsequent sale. If the amendments are adopted, miners will be able to sell the mined digital currency from January 1, 2023. Analysts note that with a high Bitcoin rate, the state can expect to replenish the budget by 7 billion rubles per year.

Ivan Chebeskov, Director of the Financial Policy Department of the Russian Ministry of Finance, called the new initiatives on using digital financial assets for cross-border payments breakthrough and noted that their implementation has reached the final stage. These measures are included in the general strategy for the development of the financial market until 2030, which has already been submitted to the government.