The bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The legislation is yet to be finalized and will not be reviewed by lawmakers in the near future, Anatoly Aksakov revealed in an interview, despite Bank of Russia’s decision to drop its opposition to crypto payments, at least when they facilitate Russia’s foreign trade amid sanctions.
Adoption of Russian Law on Cryptocurrencies Delayed by Ongoing Debate Over Rules
Discussions about the regulation of the Russian crypto market continue in the government and it’s not worth expecting that the draft law “On Digital Currency” will be filed with the State Duma soon, the Chairman of the Financial Market Committee at the lower house of Russian parliament, Anatoly Aksakov, told Parlamentskaya Gazeta this week.
Russian officials are currently debating over the bill’s third revision and the talks are heated,...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...