The authors of the Russian draft law “On digital of financial assets” approved by the state Duma in the first reading, do not plan to make any changes. This was announced by Vice-Premier of the Russian Federation Maxim Akimov reported by Finmarket.
“There are no significant deviations from previously announced concept plan. We take the position that developed at the site of the Committee on Finance and the Committee on the civil legislation”, — he said.
According to Maxim Akimov, the government has taken a cautious stance regarding the regulation of the stock market. This is due to the instability of the industry, he added.
“Experience has shown that this cautious approach is very correct. We wrote these bills at the peak of the market when talking about what “comrades, let’s be careful, let’s take a closer look” — such talk was extremely unpopular. But it turned out that the technology is immature, there are no guarantees”, — said the official.
Due to the imperfections of the bill in September, the Russian Union of Industrialists and entrepreneurs (RSPP) introduced an alternative draft law “On digital of financial assets”. A month later, the RSPP has sent the document to the Prime Minister of the Russian Federation Dmitry Medvedev. As stated Maxim Akimov, after examining the proposals of businessmen the authors of the bill had not made significant adjustments.
The official also said that to regulate the turnover tablconv, enough to make accurate amendments to existing civil legislation.
We will remind, in November the Council under the President of Russian Federation for codification and improvement of civil legislation has proposed to return the draft law “On digital of financial assets” in the stage of first reading because of its many flaws.
Earlier it became known that the new version of the bill there was no definition of “cryptocurrency”.
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