Zeros

Russia Moves to Normalize Cryptocurrency for Daily Use Russia is preparing to bring digital currencies into mainstream financial life. Anatoly Aksakov , chairman of the State Duma Committee on Financial Markets , announced that legislation is ready to remove cryptocurrency from special financial regulation. This would allow Russian citizens to use digital assets for everyday transactions , marking a significant shift in how one of the world's largest economies approaches decentralized finance. The proposed legislation represents a departure from the regulatory approach taken by many Western nations. While countries like the United States continue to layer tax requirements onto digital currency transactions, Russia appears ready to normalize its use. India , which many expected to embrace digital assets more openly, has instead followed a similar path to the US by implementing new taxation frameworks. Russia's approach stands in contrast, potentially positioning it...