RUSSIA SET TO VOTE ON LEGALIZING CRYPTOCURRENCY TRADING ON OFFICIAL EXCHANGES

The Russian Ministry of Finance has drafted a new bill to legalize cryptocurrency trading on organized trading platforms and will submit it for a vote to the federal legislature in February, Russian media outlets reported earlier this week. The bill would still need approval from Russia's federal legislature.Alexei Moiseev, Russian Deputy Finance Minister, told reporters on Thursday in Russia that the Finance Ministry “supports the legalization of trade in cryptocurrencies on official exchanges.”

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