Russia to Introduce Crypto Regulation for Offshores

Russia to Introduce Crypto Regulation for Offshores

The government of Russia will be introducing a new regulations for Russian offshores which affects digital assets. The Deputy Minister of Economic Development of Russia, Ilya Torosov explained, “It is clear this is cryptocurrency, but for now we are speaking more generally. Concerning the time-frame for implementing the third set of measures, I am currently not ready to provide a response.”

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