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

Champions League: Matchday 2 complete
Champions League: Matchday 2 complete
Zenit draws at home with Monaco 0-0 but goes top of Group C. Three points apiece in Group A with one win and one defeat each; Real Madrid walks to the top of Group B with a 2-0 win at Ludogorets...
Russian ground forces to be armed with modern arms before 2020
Russian ground forces to be armed with modern arms before 2020
Russian Defense Ministry plans to purchase more than 11 million units of new armored vehicles, as well as about 14,000 military vehicles, to equip ground troops with modern weapons on the level of 70...

Video

Popular photos

Система Orphus