Russia to legalize cryptocurrency as means of payment ‘sooner or later’

Russia to legalize cryptocurrency as means of payment ‘sooner or later’

Russia will sooner or later legalize cryptocurrencies as a means of payment, Industry and Trade Minister Denis Manturov said on Wednesday, suggesting that the government and central bank may be moving closer to settling their differences.

Manturov said regulations for the use of cryptocurrencies would in the first instance be formulated by the central bank, and then by the government.

More posts