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Replying to Avatar david 🌟🚀

And, Russia reversed its stance on crypto.

First, Russia was threatened by crypto. So, they banned it.

Now, they see how useful it is. So, they are legalizing it. Now, they want to "bring the digital currency industry out of the shadows and create the possibility of legal business activities."

https://blockworks.co/news/russia-moves-to-recognize-crypto-as-a-form-of-currency

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Kristaps K. 2y ago

Not really. They plan to regulate some use by and through institutions, with full KYC, but proper self-custodial use will be criminal offense.

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