Sberbank supported the initiative to create a regulated cryptocurrency market

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Deputy Chairman of the Board of Directors of Sberbank Anatoly Popov told reporters that Sber supports the initiative to create a regulated cryptocurrency market.

“This is a move in the right direction that will facilitate the circulation of digital currencies, including those related to the legalization of mining,” the bank’s top executive says.

In addition, according to him, the initiative will lay the foundation for the potential use of digital currencies in foreign economic activities, which will expand international payment opportunities.

Popov explained that Sberbank has already conveyed its wishes to the Central Bank regarding the parameters of the experimental legal regime and will continue to actively participate in its development.

Previously news agency reportedThe State Duma deputies approved the possibility of experimental exchange trading in cryptocurrency. The bill also provides for the possibility of currency trading in digital currency.

Current regulations prohibit the use of cryptocurrencies in payment for goods, work and services. The bill introduces amendments to allow the use of digital currencies as a means of payment in foreign trade activities within the framework of an experimental legal regime (ERR).

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