Russian Companies Actively Utilize Crypto, 4 Laws to Be Implemented

The Russian State Duma plans to adopt four crypto-related laws during its spring session, aiming to regulate cryptocurrency mining, cross-border payments, taxation, and illegal use. Anatoly Aksakov, chairman of the Financial Market Committee, emphasized the need for a legal framework for cryptocurrency transactions, particularly in foreign trade settlements. He also mentioned that large Russian companies are actively using cryptocurrencies and expressed the intention to consider market participants' opinions on tax rules, taking into account norms applicable to digital financial assets.

@Crypto_Shekar

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