According to a report from local media, the Russian Ministry of Finance has drafted a bill to legalize the trading of cryptocurrencies on approved exchanges.
According to Cointelegraph, the news may come as a bit of a surprise, particularly given the recent rhetoric from other Russian officials in recent months. However, Moiseev has consistently maintained that Bitcoin would be legalized, though with restrictions.
The bill would allow for more open cryptocurrency trading and investment within Russia. Other countries have begun issuing statements either legalizing or banning cryptocurrencies.
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