The Ministry of Finance published a bill introducing fines for the use and distribution of virtual currency, created by means of computer programs (eg, bitcoins), which is proposed to equate to money substitutes.
Ministry of Finance proposes a bill banning the use of kriptovalyut in Russia, the newspaper “Kommersant”. The project is given to the definition of “cash equivalents”, and establishes responsibility for their production and use in Russia. According to the Ministry of Finance, to monetary surrogates are entered in the territory of the Russian Federation other currencies other than the ruble and released objects of property rights, including in electronic form, used as a means of payment and (or) exchange and not directly provided for by federal law. According to Deputy Finance Minister Alexei Moiseyev, determine the ratio of currency to be a surrogate Bank of Russia, by analogy with fake banknotes.
In this case, for the issue of money substitutes, the creation and distribution of software for their release, as well as for the intentional dissemination of information that allows to issue money substitutes or transactions with their use, the Ministry proposes to introduce penalties for citizens – from 5 thousand. till 50 th. rub., for officials – from 20 thousand. 100 thousand. rubles., for legal entities – from 500 thousand. to 1 million rubles. Earlier, the Ministry of Finance was opposed kriptovalyut much more decisive: for their use and manufacture of implied both administrative and criminal liability (reported in the notification to the bill). However, as explained by “Kommersant” in the Finance Ministry, “taking into account the degree of social danger decided that criminal penalties are not required».
The question of the legality of the use of alternative currencies in the Russian authorities actively discussed throughout the year. In January, the Bank of Russia issued a press release in which it warned of citizens and legal entities from the use of “virtual currency” transactions with which he regards “as a potential involvement in the implementation of the suspicious transactions».
According to Deputy Finance Minister Alexei Moiseyev most likely, the law will begin to operate from mid-2015. But the timing can be moved, since the bill has angered the Central Bank. The fact that the track on the market-related disorders using kriptovalyut, according to the Ministry of Finance, should banking regulator. However, the Central Bank claim that the function is not consistent with the purposes and functions of the Bank of Russia.
Source: russian.rt.com
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