Crypto will be legal in Russia

Crypto will be legal in Russia

In Russia, there seems to be a complete reassessment of the relationship with cryptocurrencies. Just a few weeks ago, the Russian National Bank proposed a blanket crypt ban. There is now an agreement in the form of cryptocurrency regulation between the government and the central bank.

The first draft should be published on 18 February. The crypto should only be allowed to be used with full user authentication, within a regulated banking system or through licensed intermediaries. Transactions above 600,000 rubles should be subject to reporting

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