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Putin Signs Law Giving Cryptocurrency Legal Status in Russia


Russia’s bill to regulate cryptocurrencies has been signed into law by President Vladimir Putin. The new law gives legal status to cryptocurrency but prohibits its use as a means of payment. Russian Crypto Bill Signed Into Law Russian President Vladimir Putin signed into law Friday the bill...

New Russian Law Bans Bitcoin Payments for Goods and Services


Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing...

It Might Be 'too Early to Celebrate' Russia’s New Crypto Law


Russia’s new crypto legislation was finally approved this week, after a delay of over two years – but it might be that the true battle for crypto regulation in the country is yet to begin. A local expert has hinted that when policymakers decided to divide the “On Digital Assets” bill into two, they...

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