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Russia Moves to Formalize Cryptocurrency Market With New Legislation

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Russia Introduces Bills to Regularize Crypto TransactionsA set of bills to formalize and regulate crypto transactions was introduced to Russia’s State Duma last week. The legislation amends existing laws to allow both qualified and non-qualified investors to access digital assets while establishing reporting and tax duties for Russian residents. Key Takeaways: The State Duma introduced 3 crypto bills capping non-qualified investors […]
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