Russian Lawmakers Begin Public Discussions on Establishing Crypto Rules

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Russian Lawmakers Begin Public Discussions on Establishing Crypto Rules
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Russia's Finance Ministry seeks public opinion regarding the implementation of digital asset rules.

Russia’s Finance Ministry seeks public opinion regarding the implementation of digital asset rules.

The central bank stood on the critic’s corner, claiming that cryptocurrencies remind of a pyramid scheme and After taking into account the public discussions, the Ministry will provide conclusive results according to anti-corruption expertise. Documents will be sent to the government, which needs to complete the draft regulatory act.that the lawmakers will design the framework and impose it by the end of 2022.Many would argue that a total ban is out of the question since Vladimir Putin praised the crypto mining sector.

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