Russian Government to Control Bitcoin to Fiat Exchange Operations

The Russian government has prepared a memo on the law “On digital financial assets” that states the “exchange of cryptocurrencies for fiat money to the amount of 600,000 rubles (around $10,000) and more has to be subject to mandatory currency control,” Russian publication Izvestiya reports. Russian banks, however, have been monitoring such transactions as part […]

The article Russian Government to Control Bitcoin to Fiat Exchange Operations was first seen on: JUST BITCOIN NEWS

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