The Russian parliament the Duma has said cryptocurrency “is becoming objective reality” following its legalization earlier this month.
DUMA: BITCOIN NOT A DREAM
“It’s worth noting that today, cryptocurrency is becoming objective reality,” Andrey Lugovoy, a member of the Security and Anti-corruption Panel, said Tuesday.
Given its nature, it’s important to recognize the benefits and risks involved in legalizing virtual currency. It is a new instrument and we should be careful not to create hurdles for technological innovation in the financial regulation sphere.
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