tldr; Russian lawmakers are working on amendments to the country’s existing cryptocurrency legislation. The amendments would lay down a legal framework for a national crypto exchange. The effort is reportedly supported by the Ministry of Finance and the Central Bank of Russia, which have a long history of disagreement over crypto regulation in Russia.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
So you deposit Your crypto their and if it’s worth while they let you fall out of the window otherwise they just make forget your login and declare it special account operations and your BTC is theirs now clever move pootin
Every government will be forced to adopt crypto.
This sounds like it will be totally above board
And Putin will be CEO
Good luck to them.
Bullish on Rubles. Low marketcap, many users, no regulations. Bad tokenomics though.
I’m sure they’ll make it compulsory to use the “national exchange” for anything crypto related.
They need some of those customer funds to feed the soldiers in Ukraine.
The worlds first national crypto exchange with deposits only but no withdrawals.
With blackjack, and hookers!
Yeah I’m not gonna use an exchange owned by Russia. Thanks for the offer though.
What could go wrong with a state-owned exchange?
They’ll probably force people to hold funds in there too
In Russia, rug pulls you
tldr; Russian lawmakers are working on amendments to the country’s existing cryptocurrency legislation. The amendments would lay down a legal framework for a national crypto exchange. The effort is reportedly supported by the Ministry of Finance and the Central Bank of Russia, which have a long history of disagreement over crypto regulation in Russia.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Looking forward to all the new facepalms that will witness
Russia following Squid Token formula, Only deposits no withdrawals.
Yeah I think I may avoid that one lol.
Here in Russia, crypto exchanges people!
Russia has launched a lot of things lately
They will call it Putin inu
Putin has two options:
1. launching rockets
2. launching a national crypto exchange
So now they can freeze your funds when the government does not like you.
Makes sense. The ransomware industry needs a place to exchange their crypto.
It will only be a matter of time before it is sanctioned.
So you deposit Your crypto their and if it’s worth while they let you fall out of the window otherwise they just make forget your login and declare it special account operations and your BTC is theirs now clever move pootin
FTX 2.0 ?
140% proof of reserves confirmed.
In Soviet Russia, the exchange swaps **you**