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Home / news / πŸ”₯ The Council of the Russian Federation expects cryptocurrencies to be legalized by the end of 2024πŸ‡·πŸ‡Ί
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πŸ”₯ The Council of the Russian Federation expects cryptocurrencies to be legalized by the end of 2024πŸ‡·πŸ‡Ί

πŸ”₯ The Council of the Russian Federation expects cryptocurrencies to be legalized by the end of 2024πŸ‡·πŸ‡Ί

Given that everything seems to be moving in that direction..., the Deputy Director of the Economic Committee of the Federation Council, Ivan Abramov, stated to journalists that it will be necessary to establish a regulatory and legal framework for the cryptospace by the end of 2024. After all, not only investors, miners, or exchanges are interested in this, but also regulatory bodies... And foreign trade. Cryptocurrencies will be used to evade sanctions.

At the same time, it is interesting to know whether the internal circulation of cryptocurrencies, which was intended to be banned in the autumn, will finally be allowed... It seems they are reconsidering this measure, as can be seen. Because circulation is increasing: according to data from Rosfinmonitoring, the number of cryptocurrency transactions during January-September 2023 exceeded 185,000, which is three times more than in the same period last year. As for the volume, it doubled during the mentioned period.

#news #crypto #Russia

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