Russia: New Version Of Digital Asset Legislation

Home / Russia: New Version Of Digital Asset Legislation

Russian Union of Industrialists and Entrepreneurs (RSPP) has presented an alternative crypto regulation bill, which will eliminate supposed contradictions in the state draft law “On Digital Financial Assets”. According to it, the new bill will divide digital assets in three groups: tokens, which will be equivalent to securities, cryptocurrencies and digital “signs”. The Russian lobby group includes two of ten richest businessman in the country: billionaire Vladimir Potanin, owner of the Nornickel and Viktor Vekselberg, Head of the Russian innovation center Skolkovo.

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