Prime Minister Mikhail Mishustin backs the legalization of cryptocurrencies in Russia.
Prime Minister Mikhail Mishustin and the Russian Ministry of Economic Development have backed efforts to regulate cryptocurrencies and integrate them into the country’s economy. The support comes amid mounting sanctions over the war in Ukraine which restrict Russia’s access to global finances.moving towards
In early February, the federal government announced its approval of Minfin’s regulatory concept. Then the ministrya new draft law “On Digital Currency” aiming to fill the regulatory gaps remaining after the enforcement of the law “On Digital Financial Assets” in January, 2021.
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