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Putin signs law prohibiting crypto payments in Russia Putin signs law prohibiting crypto payments in Russia
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Putin signs law prohibiting crypto payments in Russia
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Old 18th July 2022, 08:56   #1
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Default Putin signs law prohibiting crypto payments in Russia

People in Russia will soon no longer be allowed to use digital assets as a form of payment. Russian president Vladimir Putin has signed a bill into law prohibiting the use of digital assets, such as cryptocurrency and NFTs, to pay for goods and services. In addition, as Protocol notes, the new law also requires crypto exchanges and providers to refuse transactions in which digital transfers can be interpreted as a form of payment. The new law states:
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