Russia is preparing a landmark legal transformation that would expand who are qualified to buy and own cryptocurrencies in the country. Reports have disclosed that lawmakers in the State Duma are in the final phase of text meant to lower barriers for ordinary Russians, even as they keep safeguards and restrictions in place. The draft…
Tag: russia
Russia Rejects Crypto As Legal Tender, Finance Official Confirms
According to statements reported by Russian news agencies, Anatoly Aksakov, Chairman of the State Duma Committee on Financial Markets, said cryptocurrencies “will never become money” in Russia and should be treated only as investment instruments. He said that where a payment is required, it must be made in Russian rubles. Ruble Remains Sole Payment Unit…
Trump Drops 500% Tariff Shockwave, Crypto Trembles — Bitcoin Breakdown Ahead?
US President Donald Trump on Friday voiced support for a Senate measure that would let the US impose tariffs of up to 500% on imports from nations still buying Russian energy. “It would be okay with me,” he said. Based on reports, the proposal names oil, natural gas, petroleum products and uranium as covered goods…