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Russia Will Decide Between Full Ban & Legalization of Crypto Trade

Russian Officials are discussing two opposite approaches of regulation of cryptos. On the one hand, Bank of Russia is pursuing the introduction of a ban on crypto trading. On the other hand, lawmakers are progressing with efforts of adopting rules for mining, exchange, and taxation of cryptocurrencies. It is expected that the decision should be finalized during the spring session of the Russian parliament so that defined regulations are in place till the 2023 tax year.