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Ethereum World News
2022-07-15 16:20:37

President Putin Signs New Law Banning Bitcoin and Crypto as a Means of Payment in Russia

President Putin Signs New Law Banning Bitcoin and Crypto as a Means of Payment in Russia

Summary: President Vladimir Putin has signed into law a new bill banning the use of Bitcoin and cryptocurrencies as a form of payment within Russia. Crypto service providers must now reject any transactions that can potentially lead to using digital assets to substitute the Russian ruble as a payment instrument. The legislation was first filed in the State Duma on June 7th by the Chairman of the Financial Market Committee, Anatoly Aksakov. President Vladimir Putin has signed into law a […]

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