The legislative text defines the requirements that exchange houses and operators that can carry out activities related to digital currencies must meet. In this sense, it details that a special registry of operators will be created. The activities of such companies will be controlled by a body authorized by the Government. As in Spain, foreign cryptocurrency exchanges that want to obtain a license to operate must be registered in the country.
Regarding the proposals of the Central Bank of Russia to prohibit the issuance and circulation of digital currencies, the Ministry of Finance indicates that they will be taken into account, to the extent that they do not contradict the Ministry’s approaches.