#cryptocurrencies

Ukraine’s parliament, the Verkhovna Rada, will review an alternative cryptocurrency bill. It’s the second bill focused on cryptocurrencies in the last few days, this time registered by Sergey Rybalka, a parliament member from the Radical Party.

In the latest twist of events, Russian government claimed it intends to “head and legally regulate” issuance and turnover of cryptocurrencies.

Ukraine’s parliament, Verkhovna Rada, will review a bill on cryptocurrency regulation. The paper has been published at the parliament’s official website.

According to the first deputy chairman of Russia’s Central Bank Sergei Shvetsov, Russia will ban websites that offer cryptocurrency trading. He noted that the regulator’s stance towards cryptocurrencies and their derivatives was negative.

Elvira Nabiullina, the head of Russia’s Central Bank, has once again spoken against legalization of cryptocurrencies in Russia, however, she conceded that they could create a national digital currency based on blockchain technology.

The head of Russia’s Central Bank Elvira Nabiullina strongly dismissed the proposal to legalize cryptocurrencies voiced by an unnamed entrepreneur at the meeting with the Russian president.

The Bank of Russia believes admitting cryptocurrencies or any other financial instruments associated with digital currencies to trading and turnover in Russia’s clearing infrastructure is premature.

According to Russian Economic Development Minister Maksim Oreshkin, the global development of cryptocurrencies resembles a pyramid scheme.