Russia will make a decision on cryptocurrency at the political level

According to Kim 10, Russian Deputy Finance Minister Moiseyev said that the bill regulating the cryptocurrency market will be adopted as soon as possible. The bill still has objections and has to rise to the political level to resolve. The crux of the matter is whether the cryptocurrency will have a similar status to foreign currency in Russia, that is, it can be bought, sold, and saved but cannot be used. The use of cryptocurrencies to settle and pay for goods and services is “forever” banned in Russia.