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Chairman of the State Duma Committee on Financial Markets: Cryptocurrency is expected to become a tool for everyday use by Russian residents
Svmuu News: Anatoly Aksakov, Chairman of the State Duma’s Financial Markets Committee, stated that a bill aimed at removing cryptocurrencies from the framework of “special financial regulation” has been finalized, which could lead to cryptocurrencies becoming a common feature in the lives of Russian residents in the future. In an interview with Russian state television, Aksakov said the State Duma will focus on discussing issues related to digital financial assets and cryptocurrencies during the upcoming spring session. Under the proposed bill, cryptocurrencies will no longer be subject to special regulation, and their use will become more normalized. He also noted that the bill allows non-professional investors to participate in the cryptocurrency market, but sets a cap: individuals may not purchase more than 300,000 rubles worth of digital currencies; professional financial market participants are not subject to this restriction. Additionally, cryptocurrencies may be used for international settlements and, after being issued in Russia, may further enter the financial markets of other countries. (TASS)
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