Cryptocurrency to be invested, not used as payment instrument says Russia’s State DumaChristian Fernsby ▼ | July 24, 2020
This Wednesday, the State Duma adopted in the third and final reading a bill on digital financial assets and digital currency.
State Duma Russia’s State Duma
Cryptocurrency may be used as an investment and savings instrument, but not as a payment for goods and services, the document reads.
Legal protection is to be provided only to the persons, who declared their cryptocurrency assets with the fiscal agencies, according to the bill.
The law can come into effect since January 1, 2021. ■