Russia May Make New Regulations About Cryptocurrencies

Russian Prime Minister Mikhail Mishustin announced his new decisions on Bitcoin and cryptocurrencies.

At the government meeting held on November 26, Mishustin stated that cryptocurrency holders in the country should benefit from legal protection in order to contribute to the growth of the industry, and made a proposal in this regard.

Cryptocurrencies are considered a relatively new tool for the world, and people’s interest is constantly growing. The government plans to direct the development of this market in a civilized direction so that the owners of such assets can protect their rights and interests, and malicious individuals cannot implement their plans.

According to the statement;

Digital financial assets will be recognized as property, and their owners will be able to rely on legal protection and defend their property rights in court in case of any illegal action.

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