Cryptocurrency News

Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill

2022.04.16 20:21

Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill
Crypto Twitter reacts as Russian gov’t reviews finalized crypto bill

The Ministry of Finance (MinFin) of Russia finalized a draft bill named “On Digital Currency” and has sent it to the Russian government for approval to be passed as law. The draft of the federal law clarifies regulations related to the trading and mining of cryptocurrencies.

On Apr. 8, Russia’s finance ministry announced the amendment and finalization of an impending crypto bill, which provides regulatory clarity related to the circulation, issuance, trading, mining and other activities within the crypto market.

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