Davos 2016 – The Transformation of Finance
Russian experts expressed conflicting opinions on the draft law on regulating the circulation of digital rights in the financial sector, considered yesterday at Skolkovo.
Recall that the bill regulates relations related to the creation of digital rights in the financial sector and their circulation, as well as the actions of participants who are required to register, obtain an electronic signature and open an account with an investment platform operator..
Yesterday Elina Sidorenko, head of the working group on cryptocurrencies in the State Duma, said that this draft Federal Law is very interesting, useful and deserves attention, as it provides answers to civil law issues of cryptocurrency turnover. Although she noted that she has comments that she will certainly voice.
However, today Igor Sudets, director of BCLawyers’ continuing education program, told BitCryptoNews that the proposed bill has no direct bearing on blockchain..
According to him, we are talking about the regulation of special platforms that place financial digital rights in their registry. — actually shares / shares in LLC and bonds (cash liabilities).
Although the future platform simplifies the work of companies with raising funds, it will not work to call it ICO or cryptocurrency. — accounting is not in the distributed ledger.
«Not every bill has words «digital assets», refers to cryptocurrency. It is important to understand that the future of digitalization will affect most areas of the economy, including public administration», — thinks Igor Sudets.
He suggested that, perhaps, the digital register of the site will be kept in the form of a blockchain, ensuring transparency and immutability, but, apparently, the bill will be transferred instead of the one recommended by the State Duma Committee on the Financial Market for revision. Simultaneously with it, apparently, the bill on digital financial assets and amendments to the Civil Code will be considered..
Earlier we wrote that RACIB will begin to certify crypto traders.
text: Ivan Malichenko, photo: Pexels