Russia’s New Crypto Rules: What Investors Need to Know

Russian President Vladimir Putin has signed a law that, for the first time, provides comprehensive regulation for the circulation of digital currencies and digital rights in Russia.

The document establishes operational frameworks for crypto exchanges, digital depositories, and market participants, while defining conditions for investors purchasing cryptocurrencies, The Caspian Post reports, citing TASS.

The legislation governs the organization, accounting, and custody of digital currencies and foreign digital instruments. It also…