Russian Legislature to Vote on Crypto Laws by End of July
05/14 08:36
Russian lawmakers are set to approve four bills aimed at regulating various aspects of cryptocurrencies, according to Anatoly Aksakov, chairman of the parliamentary Financial Market Committee. The bills will cover cryptocurrency mining, cross-border crypto payments, taxation of digital assets, and liability for their illegal use. Aksakov also noted that large Russian companies are already using cryptocurrency in foreign trade settlements and want to see legislation outlining the legal framework for such transactions. The State Duma plans to adopt the laws during its spring session, which ends on July 30.
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