The Russian parliament’s upper house, the Federation Council (the equivalent to the American Senate), is stepping up its crypto regulatory efforts – and wants to get involved in the creation of new laws pertaining to the sector.
As reported, last month members of the council hinted that crypto would not be frozen out of the Russian economy, and claimed that crypto may “have a future” in the country, adding that the upper house “studies [crypto], and collects analytics” on tokens.
But the council will now double down on this sentiment – byforming a “working group” with other players that will “develop the further regulation” of crypto.
Speaking at the Finopolis forum of “innovative financial technologies,” the Deputy Chairman of the Federation
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