Russia set to ease crypto payments ban and allow coin swaps
The post Russia set to ease crypto payments ban and allow coin swaps appeared on BitcoinEthereumNews.com. Authorities in Russia are now ready to relax restrictions on cryptocurrency payments and allow the exchange of one cryptocurrency for another. That’s according to the latest amendments to the “digital currency” bill greenlighted to advance further ahead of the September deadline for adoption. Russian law to permit crypto payments for securities Russia’s long-awaited draft law “On Digital Currency and Digital Rights” has been approved for second reading by the key Committee on Financial Markets at the State Duma, the lower house of parliament. The revised legislation now suggests expanding the list of cases in which cryptocurrency can be used as a means of payment in the country, local media unveiled on Wednesday. The document will allow investors to use digital coins to buy securities, although only outside public offerings, a source familiar with the bill’s latest version told the