
The Bank of Russia still believes that cryptocurrency is a big risk, but with regard to international transactions, it has the right to exist.
As Ksenia Yudaeva, the first deputy chairman of the regulator, said:
"We maintain our position that the active use of cryptocurrencies within the country, especially in the financial system of the Russian Federation, creates great risks for citizens and users. We believe that in our country they can be quite large. In principle, we do not object to the use of cryptocurrencies in international transactions and international financial infrastructure".
According to the bill, individuals and legal entities will be able to make transactions with digital currency (CV), but it is very important that digital currency cannot be used as a means of payment. In addition, transactions with securities must be carried out in strict accordance with the requirements of combating money laundering and the financing of terrorism.
