The Federal Tax Service of the Russian Federation (FTS) has proposed to the Ministry of Finance to allow Russian companies to pay for export-import transactions in cryptocurrencies. Izvestia writes about this.

The initiative of the Federal Tax Service was summarized in the comments to the draft law “On Digital Currency”. Despite many disagreements over the regulation of cryptocurrencies, the Ministry of Finance and the Central Bank are in solidarity that they cannot be used as a means of payment.

The Federal Tax Service proposes to make an exception for work and supplement the bill with the following provision:

“Legal entities are allowed to pay for goods, works, services under foreign trade agreements and receive income in digital currency from foreign entities.”

The Federal Tax Service emphasized that buying and selling cryptocurrencies for the ruble should be carried out only through exchanges.

The Ministry of Finance partially supported the initiative, stating that it required further discussion.

The idea of ​​using cryptocurrencies in settlements with African countries was voiced at the Chamber of Commerce and Industry of the Russian Federation.

Recall that the bill “On Digital Currency” provides for transactions with cryptocurrencies through Russian banks, identification of holders of crypto wallets and separation of investors by qualifications.

In April, the Ministry of Finance changed the terminology of the document.