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The Russian Ministry of Finance has proposed allowing certain qualified investors to conduct limited cryptocurrency transactions

On July 12, the Russian Ministry of Finance proposed to allow a limited number of "specifically qualified" investors to trade cryptocurrencies on exchanges. The response drafted by the ministry addresses two proposed laws aimed at regulating cryptocurrency mining and digital currency settlements under an experimental legal framework. Specifically, the ministry proposes to allow all participants in foreign economic activities (FEA) to settle using digital assets in accordance with general regulat...

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2024-07-12 09:48:03
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