“Participants analyzed international experience and developed a consensus that the infrastructure of the crypto market contains advantages and certain risks, therefore it is advisable to implement the concept of a regulatory and restrictive regime, rather than a complete ban.

A complete ban is impossible and will entail going into the shadow market, ”said the agency’s interlocutor.

It is noted that the card is designed for the period until the end of 2022.

Representatives of the Ministry of Finance, the Ministry of Economic Development, the Prosecutor General's Office, the Ministry of Digital Development, the Bank of Russia and other departments took part in the preparation of the document.

Earlier, the Central Bank announced possible measures to tighten regulation of the cryptocurrency market in Russia. 

Ivan Chebeskov, director of the financial policy department of the Ministry of Finance, spoke out against the proposed ban on cryptocurrencies in the country by the Central Bank.

He noted that he considers it necessary to introduce regulation of the digital asset market.

Andrey Lugovoy, First Deputy Chairman of the State Duma Committee on Security and Anti-Corruption, in the RT stream “Beautiful Russia boo-boo-boo” spoke out against the ban on cryptocurrencies in Russia.