The Russian government may not legalize cryptocurrencies immediately as means of payments, but it can be safely concluded that it heading towards legalization of crypto trading in near future.
Time and again the cryptocurrency regulations have to face the adverse norms set by the government. If you are investing in cryptocurrencies or even have some appropriate knowledge of cryptocurrencies, then having an idea of cryptocurrency regulations is as important. To start with, we will talk about the cryptocurrency regulations scenario in Russia.
As for now, the legal status of cryptocurrencies in Russia is unknown. They’re neither considered assets nor properties, which has led to a number of scenarios. The most interesting scenario is one from recent Moscow Court ruling, when court declared that creditors can’t seize crypto assets of a borrower to recollect their dues. This verdict was delivered soon after the vague legal status of cryptocurrencies in Russia was taken into serious account.
In the recent days a number of interesting things have taken place in Russian Federation with regard to cryptocurrency regulations. The series in which they happened is given below:
The Russian government may not legalize cryptocurrencies immediately as means of payments, but it can be safely concluded that it heading towards legalization of crypto trading in near future.
KryptoMoney.com publishes latest news and updates about Bitcoin, Blockchain Technology ,Cryptocurrencies and upcoming ICO’s.
Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.