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.
The head of Russia’s Central Bank Elvira Nabiullina strongly dismissed the proposal to legalize cryptocurrencies voiced by an unnamed entrepreneur at the meeting with the Russian president.
According to Elina Sidorenko, the head of the Russian parliament’s interdepartmental working group on cryptocurrencies, the country’s Parliament isn’t going to review the bill on legalization of cryptocurrencies anytime soon.
The Bank of Russia believes admitting cryptocurrencies or any other financial instruments associated with digital currencies to trading and turnover in Russia’s clearing infrastructure is premature.