Day: July 15, 2022

Putin signs bill to ban payments with digital assets in Russia

Daniel Davidson
President Vladimir Putin

Russian President Vladimir Putin has signed a bill banning payments with digital financial assets. The bill obliges exchange operators to refuse to treat as “monetary agents” transactions that facilitate the use of DFA, a legal category currently dealing with cryptocurrencies. Russian President Vladimir Putin has signed legislation directly restricting the use of digital financial assets (DFAs) as a means of payment in his country, the crypto page of the RBC business news portal reports. The ban also applies to UDRs (Utility Digital Rights). Although Russia does not yet comprehensively regulate…

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Battle for 2nd place by defeating Rishi Sunak in the British PM race

Daniel Davidson
Rishi Sunak

Meanwhile, Sunak’s camp ignored suggestions that his strong support did not extend beyond the Conservatives. Now that Rishi Sunak is firmly established as the victorious candidate, the front is drawn for second place in the race to replace Boris Johnson as Conservative leader and British Prime Minister, while the remaining five contenders face their first public clash on Friday. After winning the Conservative lawmakers’ first second round of voting, Sunak will appear in a TV debate over the weekend with remaining opponents: Trade Minister Penny Mordent, Foreign Secretary Liz Truss…

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