Putin Amends Law To Broaden Russia’s Crypto Payments Ban
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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
According to a Bloomberg Report, Russia will soon legalize the use of cryptocurrencies for payments. This move is aimed at easing the growing difficulties faced by companies in making foreign payments due to U.S. sanctions over the war in Ukraine. Details on the New Bill and Legislation On Tuesday, Lawmakers…
According to data released today by market analyst Crypto Rover, the US Senate Banking Committee has launched a crypto market structure draft bill. The draft, released before midnight yesterday by Senate Banking Committee Chairman Tim Scott, resolved lingering concerns lawmakers were discussing in the crypto market structure bill. This crypto…
Russia’s central bank is calling for a ban on several cryptocurrency operations, including mining The report comes months after the energy ministry threatened to impose tariffs on miners for energy... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…