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Russia Moves to Recognize Crypto as a Form of Currency..

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First published at 04:57 UTC on February 10th, 2022.

#russia
#crypto
#putin

BossInVegas

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Russia’s draft legislation will reportedly be drawn up by no later than Feb. 18 and is expected to regulate crypto as a form of currency.
Regulators hope to “bring the digital currency industry out of the shadows”
The establishment of rules for crypto circulation “would minimize the threat to Russia’s financial system”
The Russian government and the country’s central bank have reached an agreement to draft legislation or amend existing laws recognizing crypto as a form of currency, according to a statement Tuesday.

#Russia #Crypto #Bitcoin #Putin #RussianCrypto

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