The company’s press service noted that they proposed to fix the determination of the legal status of cryptocurrency, determine the procedure for its release, appeal and overlay, as well as a platform and a department that will control operations with digital assets.
“As a major participant in the logistics industry, our group of companies seeks to contribute to the normalization of cross -border mutual settlements. The legislative settlement of cryptocurrency circulation will have a positive impact on the entire ecosystem of forwarding, as simplifying the implementation of financial logistics services and promoting the harmonious development of Russian business. Demand for payment in digital currencies in the current situation is only growing in business, ”said Andrei Tablov, commercial director of the ETU Group of Companies.
Sanctions against Russian banks have complicated settlements with foreign counterparties. In particular, the terms of calculations to China and the Republic of Kazakhstan reaches several weeks or months, which incurring losses to business, representatives of the company said.
They emphasized that Russian companies have already been allowed by international cryptocurrency calculations, and if the legal status of digital assets is determined, problems with foreign payments and the deadlines for their implementation will be avoided.
Earlier, the Russian Federal Tax Service launched a service on its website with information about market quotes of large cryptocurrencies and trading results on foreign exchanges. The service will allow miners to calculate the tax base when performing operations with digital currencies.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
