• Safi Bello

Russia's Central Bank is Writing a New Bitcoin Law

Coindesk ------ Russia's central bank is preparing new legislation focused on bitcoin and other digital currencies. While the plan doesn't yet appear to be set in stone, reports indicate that the Bank of Russia is planning to recognize cryptocurrencies as digital goods, with the relevant tax to be applied. The legislation would also reportedly include language establishing how the government will surveil and regulate the domestic marketplace. What they're saying: According to news sources Bloomberg and RBC, the details came out of a parliamentary hearing at which Olga Skorobogatova, deputy governor of the Bank of Russia, discussed her institution's work on new legislation. To learn more click on the picture below to read the article.

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