Bitcoin skeptic Vladimir Putin has set a July 2019 deadline for crypto regulations to be put in place in Russia. Putin made the announcement on the Kremlin website in a February 27 notice. In his order, President Putin told the Russian State Duma and the Council of the Federation of Russia to adopt cryptocurrency rules by July 1. The regulations are designed to promote the digital economy in Russia, which is struggling financially amid US economic sanctions. Previous July 2018 Deadline Largely Ignored It’s unclear whether these rules will be adopted, since Putin had previously set a July 2018 deadline for
The post Putin’s Bitcoin Regulation Deadline Might Not Lead to Actual Crypto Rules appeared first on CCN
source https://www.ccn.com/putin-bitcoin-regulation-order-wont-lead-crypto-rules
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