RAKIB: bill on digital assets – end of the cryptocurrency economy


The head of the Association Yuri Pripachkin said that the document prepared by the government, will force employers to register their business in other jurisdictions, and the economy of Russia did not receive

Russian Association of kryptonyte and blockchain (RAKIB) and the Russian Union of Industrialists and entrepreneurs (RSPP) sent to the state Duma to reconsider the bill “On digital of financial assets”, writes “Prime”. The head of the Association Yuri Pripachkin told the forum “the Blockchain in the digital economy”.

“… it makes no sense to enact legislation in the form in which it is now, you need a comprehensive take, need detailed legislation that would allow the economy to move forward,” Pripachkin said.

He added that the bill could lead to the fact that entrepreneurs begin to register your business in other jurisdictions. According to the President of RAKIB, what is happening with the development of the law — circumcision of the law to the level of the new token, which rotate within the company, this “end cryptonomicon”.

“In my opinion, the law “ABOUT CFA” will be in the wording which is now being considered. Will take just in order to tick the orders of the President. What is really the instruction will not be executed, anyone interested will not. This will give credinvest in a truncated form. Is it good? Partly, perhaps, well. Decides whether the law in this form, the problem of building an effective digital economy and kriptonyte? No, not solve,” — said the expert.

Earlier, the Chairman of the Duma Committee on financial market Anatoly Aksakov reported that the government will not regulate mining as it does not see in it sense. This from the draft law “On digital of financial assets” removed the concept of “cryptocurrency”.

More news on cryptocurrency can be found in our telegram channel RBC-Crypto.

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