Russia is accelerating its move towards regulating the use of cryptocurrencies, as companies struggle with increasing difficulties in foreign payments under the threat of US sanctions due to the war in Ukraine, according to “Bloomberg”.
Lawmakers in the lower house of the Russian parliament will consider a draft cryptocurrency law in second and third readings, in addition to separate legislation regulating cryptocurrency mining.
-The bills are expected to receive quick approval from members of the Senate before President Vladimir Putin signs them into law and enters into force at the beginning of next September, according to the Chairman of the Financial Market Committee of the House of Representatives, Anatoly Aksakov.
Details: https://asharq.net/6006ljOrK
