Putin Amends Law To Broaden Russia’s Crypto Payments Ban

Previous cryptocurrency regulation was “not enough,” according to Russian legislators The amended law will prevent workarounds of existing crypto payment restrictions Russian President Vladimir Putin signed a bill on Thursday amending the country’s existing ban on cryptocurrency payments to specify additional types of tokens. The amendment — submitted by ​​Anatoly Aksakov, a member of the Russian State Duma, on June 7 — will prohibit the use of any security tokens, utility tokens and non-fungible tokens (NFTs) as forms of payment for goods and services in the country. According to Russian media group RBC, group legislators decided that the existing ban

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Author: coinmaker