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RSS FeedsRussia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail
(World News Russia)

 
 

24 may 2020 11:07:40

 
Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail
(World News Russia)
 


Russian lawmakers have proposed new laws that seek to ban the use of bitcoin (BTC) and other cryptocurrencies in the country, local media reported. According to draft bills submitted by a group of deputies to the Russian parliament recently, individuals may face up to seven years in prison and fines of up to $7,000 for using BTC in financial transactions. People will also be penalized for buying crypto with cash or transferring to...


 
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