[vc_row][vc_column][vc_paragraph text=”For several years now, the Russian Federation’s crypto industry has been in limbo. The debate in the government about cryptocurrencies does not stop, and what to expect for the crypto space is not yet clear.“][/vc_column][/vc_row][vc_row][vc_column][vc_heading title=”Waiting for legal regulations” size=”medium”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”At the end of last week, an internal letter from the Russian Ministry of Finance proposed amendments to the recently adopted draft law “on digital financial assets (DFA)“, which sets out the legal definitions of digital assets in the country. The bill would also legalize cryptocurrency trading in the country”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”However, in accordance with the latest plans of the Russian Ministry of Finance, the use of cryptocurrency transactions is now explicitly prohibited, paying special attention to miners. The Ministry’s proposal would make it illegal for cryptocurrency miners to receive payments in Bitcoin and Ethereum.”][/vc_column][/vc_row][vc_row][vc_column][vc_paragraph text=”While the draft DFA law only partially addresses cryptocurrencies and their legal status, it is expected that a comprehensive law on cryptocurrency regulation, known as “on digital currency“, will be prepared and published in December this year.”][/vc_column][/vc_row]
Media
YouTube says no to cryptocurrencies
[vc_row][vc_column][vc_paragraph text="So far, YouTube has had a strange relationship with the crypto industry. The platform continues to ban videos related ...
News
US Democrats consider digital wallets for crisis payments
[vc_row][vc_column][vc_paragraph text="Ten years after the appearance of Bitcoin the US government has finally announced it would take the creation of ...
Without rubric
DeFi market, and the services it offers
Today, the cryptocurrency market offers a service of new available digital services, in particular DeFi services. These innovative solutions offered ...