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Russia Moves to Formalize Cryptocurrency Market With New Legislation

A 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 ass...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Russia Moves to Formalize Cryptocurrency Market With New Legislation
A 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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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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