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Russian Prime Minister Sets Deadline For Adopting New Approach to Cryptocurrencies

Russian Prime Minister Sets Deadline For Adopting New Approach to Cryptocurrencies

The awesome wave of change has snaked into the Russian cryptocurrency market as their finance ministry advocates for a new regulatory framework to be adopted by the country’s legislative body. This proposition entails that cryptocurrencies will be classified under three separate legal categories or tiers as set by the Russia legislative body law. These tiers are virtual assets, technical tokens, and digital finance asses.

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