National crypto-currency can appear in Russia News

Kommersant informs that Federal Finance Monitoring Service conducts negotiations with different banks and with Central Bank and Finance Ministry also to start the creation process of the own controlled crypto-currency.

National crypto-currency can appear in Russia News

It became known that Russian citizens would be able to exchange the crypto-currency in special equipped electronic centers where strict rules for such actions will be established. More than that the people’s personality to make such operation must be identified to avoid anonymous transfers.

It was pointed in the administration that in the case the project would be decided to be set up, any other crypto-currency will be forbidden in the country. Besides that the new crypto-currency shouldn’t be unemissive that is it can’t work from computer algorithm like a bitcoin where nobody controls this process.

Kommersant notes that  emission of crypto-currency would be allowed to some finance organizations. It will be performed according to the legislation with getting concrete rights and responsibilities.