Russia Eyes Summer Deadline for New Cryptocurrency Laws143.05

Russia is reportedly hoping to pass long-discussed new cryptocurrency legislation by this summer. Currently, two draft laws on cryptocurrencies have been proposed from the Ministry of Finance and the Central Bank of Russia, the report indicates. While the majority of the two drafts have reached a consensus regarding crowd-funding using cryptocurrencies, they still reportedly take contradictory stances on the status of cryptocurrency exchange operations. The report indicates that the central bank does not wish to give domestic investors legal exposure to cryptocurrency trading.
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