Tsarizm
Eastern Europe

Russia Delays Adoption Of Crypto Regulation Due To FATF Order To Legislate Bitcoin

Russia Delays Adoption Of Crypto Regulation Due To FATF Order To Legislate Bitcoin

Russia has postponed the adoption of crypto legislation due to a requirement from the Financial Action Task Force on Money Laundering (FATF), local news agency TASS reports on May 21.

According to the report, the FATF has recently ordered Russian lawmakers to expand the terminology of the federal bill on the regulation of crypto assets, requiring that the country legislate major industry terms such as cryptocurrencies and bitcoin (BTC)…

To read more visit Cointelegraph.

Related articles

Iranian Military Training Russian Forces In Ukraine

Jen Snow

Russia’s “Strategy of Limited Actions”

Tsarizm Staff

Russia Retaliates With 150 Western Diplomats Expelled, Closure Of US Consulate

Tsarizm Staff

Leave a Comment

Subscribe to our evening newsletter to stay informed during these challenging times!!