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wholesale jewelry suppliers europe Russia may prohibit cryptocurrencies from incorporating the payment method. It, due to the ups and downs of digital currencies such as Bitcoin, several Russian members have submitted a bill to Duma to ask for the prohibition of cryptocurrencies into payment methods. The definition of digital financial assets, which involves cryptocurrencies and token. The bill stipulates that cryptocurrencies and token are assets rather than legal payment methods in Russia. At the same time, token or foreign currency transactions can only be traded through digital financial asset trading operators, and only brokers, dealers, certain legalists and exchanges can become legal operators. The lawyers of the digital rights center said that the Supreme Court's review of the case is not only important to cryptocurrency -related websites, but also to the entire Internet industry in Russia. In the past few years, they have raised at least 20 appeals, but this is the first case that the highest judicial organs have decided to accept. If it overthrows. Ru's ban, it will create a precedent for many similar cases and end argument about the legitimacy of cryptocurrencies. It do not know the exact number of cryptocurrency websites that are banned in Russia. According to the claims, dozens of domain names that use the word "Bitcoin" have been limited by the court's decision or federal tax services. Last summer, the regulatory agency announced that it had shielded about 257,000 Internet platforms in five years.
wholesale jewelry suppliers europe Russia may prohibit cryptocurrencies from incorporating the payment method.
It, due to the ups and downs of digital currencies such as Bitcoin, several Russian members have submitted a bill to Duma to ask for the prohibition of cryptocurrencies into payment methods.
The definition of digital financial assets, which involves cryptocurrencies and token. The bill stipulates that cryptocurrencies and token are assets rather than legal payment methods in Russia. At the same time, token or foreign currency transactions can only be traded through digital financial asset trading operators, and only brokers, dealers, certain legalists and exchanges can become legal operators.
The lawyers of the digital rights center said that the Supreme Court's review of the case is not only important to cryptocurrency -related websites, but also to the entire Internet industry in Russia. In the past few years, they have raised at least 20 appeals, but this is the first case that the highest judicial organs have decided to accept. If it overthrows. Ru's ban, it will create a precedent for many similar cases and end argument about the legitimacy of cryptocurrencies.
It do not know the exact number of cryptocurrency websites that are banned in Russia. According to the claims, dozens of domain names that use the word "Bitcoin" have been limited by the court's decision or federal tax services. Last summer, the regulatory agency announced that it had shielded about 257,000 Internet platforms in five years.