Cryptocurrencies

Russia Proposes 2M Ruble Fine and 7 Years in Prison for Illegal Crypto Use

Russian lawmakers have proposed penalties of up to 2 million rubles (approximately $27,800) and a prison sentence of seven years for the illegal trading of digital assets and cryptocurrencies.

According to reports from a Russian business news channel, the draft amendments to the administrative and criminal offenses codes have been confirmed as authentic, although they have not yet been enacted into law.

Russia Proposes 2M Rub Fine and 7 Years in Jail for Illegal Crypto Use

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