Russia Regulates Crypto and Launches Oil-Backed Crypto Currency
Russia is set to fast track the implementation of the much-anticipated regulatory framework on crypto currencies and block chain technologies to become the latest European Country to become a crypto friendly state. Russia’s State Duma, the lower half if its parliamentary body, is in the final stages of finalising crypto currency regulations, and working on a strong and business friendly framework for these assets’ integration. With the law likely to be passed as early as next month (March), Russia is hoping that this will further pave the way for the government body as a whole to launch its central bank …
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