State Duma may pass the law on the regulation of mining in the first reading

  • Ultramining.com
  • 20 December, 2022 12:34
State Duma may pass the law on the regulation of mining in the first reading

The desire of many deputies to quickly resolve the issue of regulating the crypto-sphere may lead to the fact that already in the first reading the draft law will be adopted.

According to parliamentarian Mikhail Delyagin, the only body that hinders the approval process is the Central Bank.

Regulatory measures could have been established a year ago, but the position of the Central Bank led to the fact that the State Duma and the government have never been able to find a common solution to establish rules for the cryptocurrency industry.

Anatoly Aksakov agrees with the fact that the draft law may be approved within a week. He emphasized that an important aspect of the document would be the possibility of introducing control over the sale of digital currencies. If everything goes according to plan, early next year the new version of the bill will be sent to the lower house for the second or third reading.

Recall that the crypto-market control process prohibits the use of cryptocurrencies for domestic payments.

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