“Not to freeze, but to wait”. The Ministry of Finance has suspended work on the draft on bitcoin turnover
The Ministry of Finance has suspended work on the draft that regulates bitcoin turnover.
It was stated by the Deputy Minister of Finance, Alexey Moiseev.
He explained it with a necessity to analyze the situation in the external market.
According to Moiseev, this is not about freezing work on the document. Developers need “to wait a little bit” and “see how the situation develops”, explained the Deputy Minister.
Moiseev stated that processes related to cryptocurrency exchange do not pose serious threats for financial system, but the situation can change in the future.
It should be noted that the draft, which was prepared by the Ministry of Finance earlier, was not reviewed in the State Duma: the document caused criticism from profile ministries due to deficiency of formulation.