Russian Association of cryptocurrency and blockchain (RAKIB) intends to file a lawsuit against the advertising ban cryptocurrency and ICO on search results pages and popular social networks on Google, Twitter, Facebook and «Yandex», said the President of the Association Yuri Pripachkin on 27 March in the framework of the Congress «Blokeish 2018».
«We plan to file a lawsuit in the month of may. The company is known for: Google, Twitter, Facebook and Yandex, which have banned advertising of crypto-currencies in their networks. With special indignation of the crypto community have caused a ban on Twitter, which only made the subscription on its own crypto currency, and banned all others. This is an outrageous fact. We believe that this use of the monopoly position of these four companies that entered into a cartel among themselves for the regulation of the market,» he said on the sidelines of the Congress RAKIB «the Blockchain of the Russian Federation».
Pripachkin said that claims will be submitted to the managers and shareholders of companies, if it turns out that they «have cryptococal and banned for personal gain».
According to him, the lawsuit is planned to sue the US, because the Russian Association in this matter supports the Euro-Asian Association of blockchain and cryptocurrency that was created . It included the national Association of kriptonyte Russia, Korea and China. To Finance collective trial will be the means of cryptofauna established by the Association.
Tax holidays for miners
The Chairman of the Duma Committee on financial market Anatoly Aksakov said that the miners will give the biennial tax holidays to stimulate them to comply with Russian legislation.
«Miners must register as an entrepreneur or a legal entity and taxes should apply to them. But to stimulate the process, for the miners must be a tax holiday for two years», — said Aksakov.
According to Aksakov, the bill introducing in the legal field blockchain, bitcoin mining, bitcoin and ICO, will be passed in the summer, in June — July.
«Yesterday, there was one bill that should be the base. We discussed it with Volodin and Krasheninnikov. Most likely both will go in the package. Perhaps the first reading will go to one of them, but on second and third reading of both bills will come together in June — July all will take,» — said Aksakov.
Feedback about the bill
President of the Russian Association of cryptocurrency and blockchain (RAKIB) Yuri Pripachkin said that if adopted the bill will not make a industry, market players will go to the jurisdiction where they will be comfortable.
«Our goal is to make sure that this did not happen. In yesterday’s project, we heard and made clear Glossary of terms. I am grateful to Aksakov, will make package changes,» Pripachkin said.
The Chairman of the Party of growth Boris Titov criticized the bill proposed by the Ministry of Finance. The Finance Ministry’s proposals, the party does not support, as they have many limitations, they develop a draft regulation of cryptocurrencies and their taxation. Boris Titov said that Russia will not lose pace and become an industry leader in the world of the blockchain.
Deputy Director of the Institute of legislation and comparative law under the Government of the Russian Federation Ilya Kucherov, the proposed FNS to create a cryptocurrency wallet and collect there tax payments that citizens will choose voluntarily to pay. FNS representative agreed that this could be the best option.