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The Central Bank began work on the creation of a national cryptocurrency | Cyberops

The Central Bank began work on the creation of a national cryptocurrency

By Prempal Singh 0 Comment June 3, 2017

The central bank plans to create a national virtual currency in Russia. This was reported by deputy chairman Olga Skorobogatov.

“Before the virtual currency, we do we reach. This is what we have already begun to work, “- said an official in during the St. Petersburg International Economic Forum.

“In fact, all the regulators came to the conclusion that, of course, a national virtual currency needs to be done. This is the future. The question of a particular time “, – she added.

Last week Skorobogatov told State Duma deputies that the Central Bank would take cryptocurrency, including Bitcoin, a digital product, which will tax them. Option regulations regulator may submit to the Parliament a month later.

“In the autumn session we have with other ministries and agencies can come up with a proposal, how to determine that there is a private digital currency and how it is regulated at the state level” – explained Skorobogatov on the sidelines of the forum.

Cryptocurrency – it is virtual money, its global turnover is about four billion dollars. Russian officials have repeatedly opposed virtualization rates because such a system can be used for money laundering and terrorism sponsorship.

Now in Russia, there is a ban on the issuance of money substitutes, but the responsibility for such actions has not been established.

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