Russia considering allowing trading of cryptocurrencies
|- Russian Ministry of Finance is currently discussing the idea of allowing cryptocurrency trading.
- A law is being drafted and weighed up by officials according to Deputy Finance Minister Alexei Moiseyev.
Russia may be set to allow the exchanging of cryptocurrencies, as being discussed by the Russian Ministry of Finance. The possibility in allowing the buying and selling of Bitcoin in addition to other cryptocurrencies is being weighed.
Deputy Finance Minister Alexei Moiseyev detailed that the legislators as well as the finance ministry are in preparations of drafting a law on the circulation of digital currency in the country.
It could facilitate such trading of digital assets however, the final conclusion on this matter has not yet been reached, according to Alexei Moiseyev.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.