A Bitcoin exchange office opens in Moscow

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A Bitcoin exchange office opened in Moscow and the first example of this bureau

According to local press reports, this is the only exchange office in Moscow to buy and sell crypt money for cash. The organizers state that nothing in the law prohibits such service and that the work is legal. According to reports, this office is the first example of a family in the Russian capital.

Russia has not yet made an arrangement for crypto currencies

Russian authorities have not yet made arrangements for cryptographic currencies. However, the Russians already adopt crypto money. In the past days, a new Bitcoin exchange office was opened near Kursky Vokzal, one of the main railway stations of Moscow. The exchange office is doing Bitcoin transactions only for Russian rubles.

The exchange office is doing Bitcoin transactions only for Russian rubles in cash. Clients may purchase or sell Bitcoin via an office if they provide an identity. The exchange office administration claims that the business is in line with current Russian laws. The office is located at "Verhniy Susalniy".

Two draft laws regulating different aspects of the crypto ecosystem will be adopted in July

Two draft laws regulating different aspects of the crypto ecosystem were presented to the Russian parliament this year. A draft law on the "Digital Financial Assets" of the law designs. This law encompasses Blockchain technologies, mining operations and ICOs. The second draft law, which was launched this week, is "The use of crypto money under the Civil Code of Russia and protection of the rights of investors". Both laws are expected to be adopted in July.

Government agencies have different views on the circulation of crypto money and its use in payments

Government agencies have different views on the circulation of crypto-money and its use in payments. The Ministry of Finance wants to legalize the crypto money trade in the registered stock markets. However, the Central Bank opposes this idea. In addition, the Central Bank has indicated that illegal transactions are being made through cryptographic currencies, and the authorities are calling for a clear ban on this issue. On the other hand, existing legislative provisions do not explicitly prohibit cryptographic currencies such as foreign exchange services.

"In any democratic society, including Russia, if something is not banned, it must be legal."

Vladimir Yurasov, a Moscow-based law firm manager, said:

In any democratic society, including Russia, if something is not banned, it must be legal. Federal legislation does not prohibit the use of Bitcoin in financial transactions. Bitcoin buying or selling transactions that do not violate the Civil Code. If there is no criminal offense, these activities are legal.

The Russians can buy and sell Bitcoin both on the internet and through the bureaux

Vladimir Yurasov also says that the Russians will be able to buy and sell Bitcoin both on the internet and through their bureaux. In addition, Vladimir Yurasov says that Sbercoin has also signed a contract for services to customers.

The brand name of the new crypto money exchange office is a bit misleading

However, the brand name of the new crypto money exchange office is a bit misleading. The "Sbercoin" name of the crypto money exchange office looks like a Sberbank office. Sberbank is a Russian state savings bank. He is one of the biggest in Europe in his field. Sberbank, despite the interest of crypto paralara, there is no interest in the new crypto money exchange office

A Bitcoin exchange office opens in Moscow | Ecency