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Russia to Legalize Crypto; Are Western Sanctions to Thank?

Russia to Legalize Crypto; Are Western Sanctions to Thank?

On Thursday, it was revealed that Russia and its Ministry of Finance are working on a draft legislation that would legalize the use of cryptocurrencies, according to a report by Russian news outlet Kommersant. The draft legislation would provide a rigorous regulatory framework, addressing crypto mining in detail for the first time. It should be …

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Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill

Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill

Russia’s finance ministry shared the amended and finalized crypto bill with the government, which recommends using cryptocurrencies as legal tender. 8440 Total views 80 Total shares The Ministry of Finance (MinFin) of Russia finalized a draft bill named “On Digital Currency” and has sent it to the Russian government for approval to be passed as …

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