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Russia Regulates Digital Rights, Advances Other Crypto-Related Bills

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Lubomir Tassev

After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy. The country, heavily dependent on energy exports and hurt by Western sanctions, needs alternative sources of revenue and cannot afford to turn a blind eye to bitcoin for too long.

Also read: German Bank Predicts BTC at $90,000 After Next Halving

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