Russia: Passes Biggest Crypto Regulation Bill
Russia passes its biggest crypto regulation bill giving exchanges, mining and custody a legal framework while allowing international settlements but banning domestic payments.
SourceAnalysis
Russia passed its biggest crypto regulation bill, granting exchanges, mining, trading and custody a legal framework. Companies can now use crypto for international settlements, yet domestic crypto payments stay banned. President Putin's signature is next, with rules taking effect September 1 after final approval.
Kashif Raza
@simplykashifThis personal account shares perspectives on technology startups and digital innovation, with content spanning AI advancements, software development trends, and entrepreneurial strategies for building tech-focused businesses.