Russia’s Ministry of Finance Legalizes Cryptocurrency Trading

The Ministry of Finance of the Russian Federation (Minfin) presented the Draft Law on the Regulation of Digital Assets, which defines and establishes a regulatory system for cryptocurrencies, UCIs, mines, and trade. Surprisingly, the Central Bank of Russia does not agree with the Ministry of Finance that the exchange of cryptocurrencies should be legally accepted. According to the central bank, digital currency trading rules should only apply to chips that attract cash.

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