Google+
Рейтинг@Mail.ru
Pravda.ru

News » Russia

Exchanging Bitcoin in Russia to be regarded criminal action

28.01.2014 | Source:

Pravda.Ru

 
Exchanging Bitcoin in Russia to be regarded criminal action. 52024.jpeg

The administration of the Central Bank of Russia intends to oblige all banks in the country to report all transactions associated with the exchange of cryptocurrencies.

The production and exchange of virtual currencies can be attributed to activities related to money laundering and financing terrorism. Experts note that the intention of the Central Bank will agitate Bitcoin owners, but will not solve the problem of legal vacuum that has been formed around cryptocurrencies.

The Bank of Russia intends to equate the provision of services by Russian legal entities for the exchange of virtual currencies, including Bitcoin, to illegal activities related to money laundering and terrorist financing.

"The Bank of Russia warns citizens and legal entities, primarily credit institutions and non-credit financial institutions, against the use of "virtual currencies" for their exchange for goods (works, services) or cash in rubles and foreign currency," the message from the Central Bank administration said.

 

 
| More
1098

Popular photos

Most popular

A different story of the Gaza crisis
A different story of the Gaza crisis
On June 12, 2014, the news agencies of the world reported that three youths, residents of the Israeli town of Gueto, were abducted and possibly killed. Eighteen days later, the government of Israel...
Russia responds to US and EU sanctions and accusations
Russia responds to US and EU sanctions and accusations
On Saturday, the Russian Foreign Ministry responded to the accusations from the White House spokesman, who said that Putin and the Russians were "guilty" of the crash of the Malaysian Boeing 777 in...

Video

Popular photos

Система Orphus