Russia Moves to Legalize Cross-Border Crypto While Tightening Domestic Oversight
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Russia, recently recognized as Europe’s leading adopter of cryptocurrency, is preparing to reshape its digital currency framework. Authorities are planning new regulations that would legalize the use of crypto in cross-border transactions while strengthening oversight of its circulation within the country. The initiative is designed to move past the current pilot framework by introducing clear laws that support legitimate crypto use and establish penalties for unlawful operations.
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