The Finance Ministry has proposed the creation of offshore zones for trading cryptocurrencies

As reported by Deputy Finance Minister Alexey Moiseev, the Ministry of Finance of the Russian Federation proposed to create a special offshore zone for organized trade in cryptocurrencies in Kaliningrad and Vladivostok:

«The possibility of creation of zones of organized trades with cryptocurrencies we see on the Russian island, the island of October. We believe that this exchange should be allowed», — said Moiseev.

This possibility has already been discussed with the Ministry of the Far East. The management of the Kaliningrad region the question has not yet been worked.

Thursday, February 1, 2018, Elvira Nabiullina, head of the Central Bank, announced the agreement of the financial regulator to allow Russian mining cryptocurrency, but the exchange of cryptocurrency requires out of country, due to the high risks associated with such operations.

The Ministry of Finance has warned that they have with the Central Bank, there are a number of disagreements on the bill on digital financial assets, which lie in the approaches to trading. CB stands against allowing trading of cryptocurrency transactions on organized markets, the possibility of which was envisaged by the Ministry in the document.

The Deputy Minister noted that Moscow has several thousand exchange points, which, in fact, offer exchange services of crypto currencies abroad. He believes that there is no problem, and the task of financial authorities is to legalize the exchange of cryptocurrency in Russia.

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