Speaking at the state-owned TV channel Russia 1, the country’s finance minister Anton Siluanov has stated that bitcoin will not replace ruble for internal settlements.
Ukraine’s finance minister Oleksandr Danyliuk insists cryptocurrencies will not be banned in the country even though its legal status is yet to be determined.
Ukraine’s parliament, the Verkhovna Rada, will review an alternative cryptocurrency bill. It’s the second bill focused on cryptocurrencies in the last few days, this time registered by Sergey Rybalka, a parliament member from the Radical Party.
Ukraine’s parliament, Verkhovna Rada, will review a bill on cryptocurrency regulation. The paper has been published at the parliament’s official website.
Russia’s president Vladimir Putin has stated that introduction of digital technologies in finance shall be subject to a thorough discussion to avoid cryptocurrency-related risks.
Elvira Nabiullina, the head of Russia’s Central Bank, has once again spoken against legalization of cryptocurrencies in Russia, however, she conceded that they could create a national digital currency based on blockchain technology.
Ukraine’s parliamentary committee on financial policy and banking has started developing a bill that would regulate cryptocurrency turnover. The committee’s head Sergei Rybalka wrote on Facebook: “We started working on a cryptocurrency bill in our parliamentary committee. They are gaining traction all over the world.” Notably, deputy head of Ukraine’s.
Deputy head of Ukraine’s National Bank Oleg Churiy has stated that the regulator does not consider bitcoin and other cryptocurrencies a currency, and sees scam-related risks inherent in their usage.