Russian Lawmakers Gave Up on Trying to Launch a State-Run Crypto Exchange
Join Our Telegram channel to stay up to date on breaking news coverage After initially trying to create a state-owned crypto ex change , Russian lawmakers have decided to drop these plans in ex change for developing rules and regulations for existing platforms. A recent report by a local news outlet said that the authorities had abandoned the initial idea. The head of the State Duma committee, Anatoly Aksakov, said that rules for establishing and operating similar structures are now the main focus among the lawmakers. 1️⃣ Russia has just shocked the world by backtracking on its highly anticipated national #crypto ex change plans 🔥 👉 The twist? They’re focusing on private sector alternatives instead 😱 — Keyur Rohit (@CryptoKingKeyur) May 30, 2023 Russia now seeks to regulate crypto exchanges The news spread on Twitter quickly after Colin Wu of Wu Blockchain published it early on Monday morning. He said, Russian lawmakers...