Putin signs bill to ban payments with digital assets in Russia

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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