Russia Solidifies Ban on Crypto Payments, Restricting Use to Investment Only
Anatoly Aksakov, a high-ranking official in the Russian State Duma, recently confirmed that Russia will maintain a strict ban on using cryptocurrencies for everyday transactions. While digital assets like Bitcoin and Ethereum are permitted as investment vehicles, they will not be recognized as legal tender. Key Takeaways from the Regulatory Shift: Rubles Only for Trade: … Read more