TechFlow News, May 21: According to TASS, Ivan Chebeskov, Deputy Minister of Finance of Russia, stated that the Ministry of Finance is jointly refining the cryptocurrency market regulation bill with the Central Bank of Russia, with revisions expected to be finalized ahead of the second reading in the State Duma next week. Under the regulatory framework previously proposed by the Central Bank of Russia, digital currencies and stablecoins will be classified as monetary value and may be bought and sold, but they cannot be used as payment instruments within Russia. Non-qualified investors, after passing a test, may purchase up to 300,000 rubles worth of highly liquid cryptocurrencies annually through a single intermediary.
Add to Favorites
Share to Social Media
