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The bear is waking up

According to recent reports, Russia, despite its far-reaching caution, intends to enter the cryptocurrency market. According to a radio station Goworit Moscow, at a press conference Anatoly Aksakov, chairman of the Russian State Duma Committee on Financial Markets, announced that Russia is close to introducing a state cryptocurrency related to the ruble. The first reports on this subject appeared a year ago, however, because crypto-slots are much less dependent on the central bank being by definition decentralized, its introduction has hitherto been resisted by the authorities.

As the central bank is to issue the kryptor bank, it will be covered in the settlement currency (ruble), i.e. the bank deposit in a certain amount. Aksakov thus noticed that the implementation of technology blockchainin terms of cryptocurrencies, it is promising.

Skepticism in relation to the introduction Russian cryptocurrencyis also noticed in the president's statements Vladimir Putin, which in the autumn of 2017, in critical terms, described their value:

"The ratio of the central bank to the cryptocurrency is such that they are not considered a means of payment or a way to store value. Cryptocurrencies are not supported in any way, they should be treated with caution. "

It seems, however, that the Russian authorities are beginning to change their minds and KryptoRubel will slowly break through this market, although research has been reported Romir Research Holding more than half (56%) Russians, he has no idea what cryptocurrencies are.

Kryptorubel to be converted 1: 1 in relation to the ruble. A year ago, in the Duma assumption, exchange of these currencies was to be regulated, including the need to prove the origin of electronic capital, otherwise the transaction will be charged to 13% tax. At the moment, it is not known whether such restrictions will be maintained. However, the technology of the block network is, as Putin himself admits, is essential for Russia's further development.

Despite skepticism and far-reaching caution, Russia concludes that it cannot stand aside and watch the growing cryptocurrency market. By breaking the resistance to decentralized electronic currency, it intends to use their huge potential.


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