Russian Ministry Offers to Set Up Crypto Exchange for Miners
news.bitcoin.com
by Lubomir Tassev
March 2, 2018
Excerpt:
Russia’s Ministry of Telecom and Mass Communications has put forward the idea to set up a cryptocurrency exchange, where Russian miners can trade their digital coins for fiat money. The ministry has held consultations with representatives of the crypto sector and prepared a comprehensive concept to regulate the mining industry.
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“We have a licensing regime – Moscow Exchange and Saint Petersburg Exchange are licensed by the Central Bank. There shouldn’t be any specialized exchanges or special regimes for cryptocurrency trading”, Moiseev said, quoted by Tass. “We offer the opportunity to trade cryptos with other cryptos, and with fiat on any exchange”, the Finance Ministry official stated.
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