Russian Lawmakers Propose A National Crypto Exchange

Russian Lawmakers Set To Introduce A National Crypto Exchange

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Russian lawmakers are working on legislation to launch a national crypto exchange.

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The Ministry of Finance and the Central Bank of Russia, who had different opinion on crypto regulation, are now proposing a legislation on it.

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As per the local media reports on November 23, Russian lawmakers have been discussing about the state run crypto exchange platform.

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Sergey Altuhov, a member of Duma’s Committee of Economic Policy, highlighted the fiscal sensibility of such measures.

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Despite stringent International sanctions on Russian trading firms, several companies have been experimenting with crypto to bypass banks and the SWIFT messaging system.

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