Russia turns to crypto in desperation

Russia turns to crypto in desperation

Western sanctions are crippling Russia’s efforts to fight a war and to run its economy. The Duma is to consider a bill to allow a domestic cryptocurrency market.
In a desperate bid to get around the harsh sanctions imposed by Western nations on Russia, the State Duma, the lower house of parliament, will consider a bill that would legalise a crypto market in the country.
According to a report earlier today in Newsweek, the bill would also look to legalise the mining of cryptocurrencies and their sale. The bill would be approved extremely quickly given that this would be in effect from January 1, 2023.
The bill states:
„Digital currency obtained as a result of mining can be disposed of by the person who carried out the mining of this digital currency on the condition that Russian information infrastructure is not used in conducting transactions with it, with the exception of cases of transactions carried out in accordance with the established experimental legal regime,”
Anatoly Aksakov

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We współpracy z: https://cryptodaily.co.uk/2022/12/russia-turns-to-crypto-in-desperation

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