Russia introduces bill to criminalize unregistered crypto services
Burns Brief
Individuals and groups would be required to register with the Bank of Russia before offering certain crypto services, or potentially face fines and prison time Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Individuals and groups would be required to register with the Bank of Russia before offering certain crypto services, or potentially face fines and prison time.
Key Takeaways
- Individuals and groups would be required to register with the Bank of Russia before offering certain crypto services, or potentially face fines and prison time