Moscow policymaker calls for stricter crypto rules as Russians turn to digital assets – DL News
- Russian IP addresses accounted for 28% of traffic to Bybit in October.
- A weak ruble, sanctions evasion and legitimate financial needs among reasons for the usage, experts say.
- Yevgeny Masharov calls for tougher crypto regulation.
A Russian policymaker is calling on the Federal Assembly to regulate cryptocurrencies as a third of web traffic going into international crypto exchanges is seen to originate from Russia.
Yevgeny Masharov, a member of the Civic Chamber of the Commission for Public Review of Bills and Other Regulatory Acts, told RIA Novosti that the state must do more to police digital assets.
“We must launch legislation to regulate cryptocurrency circulation as soon as possible,” Masharov said. “All transactions outside…
