Russia Legalizes Crypto! 🚀
- According to Bloomberg, Russia will soon legalize cryptocurrencies as a means of payment.
- They aim to give breathing space to companies that have difficulty in making foreign payments due to US sanctions.
- Bills on cryptocurrency and mining will be discussed in the State Duma.
- Bills can be quickly approved and come into force on September 1.
- Cryptocurrencies will be regulated like foreign currencies.
- Large exporters will benefit, small businesses may be excluded.
Share your thoughts in the comments! 💬
