Russian, Chinese, and Saudi physicists sharpen vision of photodetectorsScience & Space October 27, 16:02
Russian diplomat concerned over worsening situation in MosulRussian Politics & Diplomacy October 27, 15:57
Russia has nothing to do with Syria's Idlib school attack — diplomatRussian Politics & Diplomacy October 27, 14:58
Prowling Amur tiger nabbed near Russian Far Eastern city of VladivostokSociety & Culture October 27, 13:55
Russian scientists create "smart foil" for mounting industrial transducersScience & Space October 27, 13:54
Caspian Flotilla ships return from long-distance voyageMilitary & Defense October 27, 13:33
Russian senator urges probe into children death in Syria’s IdlibRussian Politics & Diplomacy October 27, 13:32
Putin awards Emir Kusturica with Order of FriendshipSociety & Culture October 27, 13:20
Moscow court upholds arrest of Ukrainian accused of spyingWorld October 27, 13:18
MOSCOW, December 27. /TASS/. Russian Economic Development Ministry has rejected the Finance Ministry’s bill banning surrogate money, including bitcoins.
In its comments the Economic Development Ministry argues that the definition of surrogate money is too vague.
“Participants in public debate believe that the proposed definition, interpreted literally, would apply to any other cash equivalents, such as gift cards, retailers’ certificates and various bonuses used for promoting customer loyalty and attract clientele,” the Economic Development Ministry said.
“The proposed measures of control will not resolve the identified tasks, but will merely create legal barriers in the way of economic entities’ marketing programs and business activity in general,” the Economic Ministry believes. It also argues that a number of the draft’s provisions introduce excessive administrative and other restrictions and obligations for economic entities.
The Finance Ministry earlier proposed administrative punishment for using surrogate money, including virtual currencies and bitcoins.