Russian Deputy Prime Minister Arkady Dvorkovich is confident that the full regulatory framework for the use of the blockchain can appear in the country in the coming months. He stated this while interacting with students of the Russian economic University. G. V. Plekhanov.

“With regard to the blockchain. Be sure to create a regulatory framework. Not too detailed, not too detailed, so as not to limit too much the implementation of projects. To do it as quickly as possible… we’re doing that right now. I hope in the coming months of the legislative problem in the blockchain decide,” — said Dvorkovich.

Earlier, the state Duma of the Russian Federation announced that it is ready to allocate more than 7 million rubles on the analytical study of the regulation of the use of blockchain technology in the financial markets.

In Russia the study, development and implementation of solutions based on blockchain technology are actively engaged in both commercial and government organizations. Sberbank is one of the most active Russian institutions in this field — recently opened the blockchain-a laboratory for the study of new technologies. In December, the head of the Bank German Gref said that the introduction of blockchain technology in Russia will take 8-10 years.

Another major Bank, VEB is collaborating in studies of DLT technology with the Ethereum Foundation, blockchain implements joint projects with a “Federal registration service”, “Single electronic trading platform”, the Kaliningrad region and “Mail of Russia”. VEB Chairman Sergey Gorkov has repeatedly expressed confidence that Russia has all chances to become a world leader in the blockchain.

This month it became known that the Central Bank and Agency on insurance of contributions plans to create in 2019 the unified register of depositors on the basis of the blockchain technology.

Earlier, world-renowned economist and financial expert Nouriel Roubini (Nouriel Roubini) called the blockchain one of the most overrated technologies of all time.

Source