Bank of Russia

The Ministry of Finance of the Russian Federation has officially begun work on the country's cryptocurrency regulation bill, by filing the first public notice on the federal legal portal and also seeking industry and public input on how to…
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The Finance Minister reported that controlling the cryptocurrency industry as soon as possible would be better than banning it, which would ultimately allow the government to monitor the market and increase the country’s budget using taxes…
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Russia is further planning to regulate cryptocurrency mining into a business after legalizing its broad crypto industry by forming various committee to provide a clear picture of regulations.
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