In preparation for the implementation of the regulatory framework for the digital currency of the Russian Federation, the State Duma Committee on the Financial Market presented an updated version of the law on the cryptoruble.
Deputies propose to vest the Bank of Russia with regulatory functions, reports the Interfax agency.
The Committee sent an updated version of the document to the relevant ministries. Last week, Anatoly Aksakov, head of the Lower House of Parliament Committee on the Financial Market, said that by the end of June, deputies could adopt a bill on introducing the crypto-ruble into the state’s financial system.
The Central Bank is assigned the status of the sole operator of the platform for transactions with the token. This platform will be part of the structure of the Bank of Russia, but without the status of a legal entity.
Non-residents will be able to access this platform, but only through authorized commercial banks.
The regulator is ready to begin testing its token with the participation of real users after the necessary regulatory framework appears.
