Putin Signs Law Prohibiting Payments With Digital Assets in Russia – Regulation Bitcoin News

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Russian president approves legislation effectively banning crypto payments.

President Vladimir Putin of Russia has signed into law a bill banning payments with digital financial assets. The legislation obliges exchange operators to refuse to process transactions facilitating the use of DFAs, a legal category currently covering cryptocurrencies, as “monetary surrogates.

Russia is yet to comprehensively regulate cryptocurrencies, but the law “On Digital Financial Assets,” which went into force in January 2021, introduced the two legal terms. Russian officials have in the past indicated that DFA encompasses cryptocurrencies while UDR applies to various tokens. This fall, Russian lawmakers will review a new bill “On Digital Currency” designed to fill the regulatory gaps.

 

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I thought he supports crypto assets

Putin these nuts inside your mouth.

😥

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Good thing we don't need Russia...

well they can't really regulate crypto, as long as the internet exists...

🤡

Local payment

Best thiing I ve seen so farr_,,,

Welp thats the end of Russia.

So no more digital payments to banks kinda stifling whole segments of their economy but I'm sure he has a logical reason in his mind like forcing people to carry large amounts of cash to make payments, open season for robbers. More forclosures by the state.

And people still believe that he is not part of the Klaus Schwab WEF?

I smell fear

la crypto n'as jamais eut besoin de la Russie pour atteindre sont objectif... je pense que c'est une politique afin de créer un actif russe comme la chine

Surprise surprise, like nobody saw it coming

Haha Good luck with that

a course that means he cant have control of his country and help Maduro keeps venezuela under dictadorship Bitcoin is freedom is the reason China and Rusia are not happy about .

I'm looking for a dislike button 👀

next 🙄

Look at him he’s all butter caked up someone help him get that man an espresso

Signs that crypto is unstoppable and won't fade! It came to stay

Only for pay his War 🤫

Zignly Binance 2022 listing 35 X

Very bad Boy 🤣🤣🤣🤣🤣🤣🤣🤣

Be on the right side of progress. You just took a bunch of steps back.

I'm sure people can continue to use Tether

AirCoin

Still not giving up on Digital Currency ❤️

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