The crypto-currency bill was adopted in the first text

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·@steemitraj·
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The crypto-currency bill was adopted in the first text
![aa52937e2eab1465c2ec94ba9255133c.jpg](https://cdn.steemitimages.com/DQmYF4hbJ1aFm8wuQ3omU79HurVyjB5vG3mAhodeUGS7LYa/aa52937e2eab1465c2ec94ba9255133c.jpg)The bill does not determine the possibility of exchange for cryptography for a currency. The 
Russian Federation State Duma website publishes a draft law on digital financial resources. The bill was accepted on Tuesday, July 12, 2012 for the first time. 
The law clearly outlines the following conditions:

"Token";
"Mining";
"Cryptocurrency";
"Digital record";
"Digital transaction";
"Smart Agreement";
"Digital Transaction Register."
The head of the financial market committee, Anantholi Aksakov, said these definitions would be launched to protect the rights of players in the crypto industry market.

A smart deal is an electronic agreement. Crypto-Financial Technologies is used to meet contractual obligations.

The difference between bill token and cryptonym controls. Depending on the number of issuers and issuers, we call crypto coins that call different issuers or mining owners, and tokens that are only a issuer. According to documents, they can not be given on the territory of Russia, but at the same time they are recognized as end of property.

Token can be exchanged for any other financial unit, including. Ruble or dollar It will be done by special operators to exchange physical wealth. In the future, such operators will be legally responsible for organizing their activities according to the draft laws. For example, tokens can be exchanged through a stock exchange in Moscow.

"THE BILL IS RECOGNIZED AS THE INDUSTRIAL DEVELOPMENT ACTIVITY, WHEN IT PASSES THE ENERGY CONSUMPTION LIMIT ESTABLISHED BY THE GOVERNMENT IN RUSSIA FOR THREE MONTHS, WHEN IT DOES TAKE EFFECT," THE BILL SAYS.![91ef7a5f5c165e5bb2d7cc02f7e68dc8.jpg](https://cdn.steemitimages.com/DQmXtAcEmD5S91YSEqdHfMfoHCtYyoUgZC2jrBkQqFFe3QK/91ef7a5f5c165e5bb2d7cc02f7e68dc8.jpg)The prospects of Russian legal agency and natural people are not determined for taking tokens and crypto coins abroad

Also, IOC's mechanics can be defined, especially, without investing, investors can not invest more than the investment. The limit amount has not yet been established. It will soon accept the Bank of Russia.

Recall that in October 2017 a meeting was held with the participation of the Russian President, where they discussed the characteristics of the use of innovative technologies in the fields of money, according to the President's directive, this bill was prepared.
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