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Deputy Anton Gorelkin is sure that tough measures against digital assets may negatively affect the technological development of Russia
The ban on cryptocurrencies could negatively affect the high-tech development of Russia, Anton Gorelkin, deputy chairman of the State Duma Committee on Information Policy, Information Technologies and Communications, warned. He called many of the regulator’s arguments reasonable and correct from the point of view of economic security, but shared the position of experts who see the future in blockchain technologies.
“I don’t think that the ban on cryptocurrencies, which is mentioned in the sensational report of the Central Bank, is the right decision,” Gorelkin wrote in his Telegram channel. He called the report of the Central Bank the starting point for a broad discussion and stressed that it is necessary to determine uniform rules for regulating the market as soon as possible.
On January 20, the Bank of Russia released a report for public discussions, in which it proposed to introduce a ban on the issuance, circulation and exchange of cryptocurrencies in Russia, as well as the organization of these operations. The regulator also considers it necessary to ban the mining of digital assets and start monitoring Russian investments in cryptocurrency on foreign trading platforms.
Earlier, Vladimir Gutenev, Chairman of the State Duma Committee on Industry and Trade, expressed the opinion that mining farms for the extraction of cryptocurrency should not be banned in Russia. The deputy argues that such enterprises can be saved if they operate under strict control from the regulatory authorities.
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