Express

Russia Updated Draft Law On Digital Financial Assets, Banning Circulation Of All Cryptos

Tracy CHEN

Summary: The Russian government posted an updated version of their new draft law “On Digital Financial Assets” on Monday, June 1, for public comments, along with it additional documents that significantly change the way cryptocurrency is regulated in Russia. Breaking the rules comes with legal penalties now. The law does however prohibit the circulation of all cryptocurrencies, ...

The Russian government posted an updated version of their new draft law “On Digital Financial Assets” on Monday, June 1, for public comments, along with it additional documents that significantly change the way cryptocurrency is regulated in Russia. Breaking the rules comes with legal penalties now. 
The law does however prohibit the circulation of all cryptocurrencies, as well as their mining and advertising.

Tracy Chen

Last Update:

Tags: ,
Link: Russia Updated Draft Law On Digital Financial Assets, Banning Circulation Of All Cryptos   [Copy]
Next:

Related Articles

  • Onchain Fatigue: The Harsh Reality Driving Users Away from Web3 5 hours ago
  • Are Airdrops Overfarmed? State of the Market 1 days ago
  • Autonomous Worlds: The Ultimate Goal of Blockchain? 3 days ago
  • Have Cosmos and Polkadot Been Replaced? The Future of ATOM and DOT 5 days ago
  • Polygon AggLayer: Uniting Modular and Monolithic Blockchain Architectures 6 days ago

    • You need to login to comment.