Amidst internal conflict regarding the status of cryptocurrency in the country,define: eroticization Russian President Vladimir Putin signed into law a new bill Friday, "prohibiting the use of digital assets, such as cryptocurrency and NFTs, to pay for goods and services."
The new law, Protocol reports, also requires crypto exchanges and providers to refuse transactions in which digital payment can be interpreted as a replacement for monetary exchanges. However, there is language in the final clause of the law that makes exceptions for certain payments.
SEE ALSO: The biggest crypto scams of 2022 (so far)What this law means for crypto holders in Russia is simple: you can still purchase cryptocurrency, but no vendor in the country will take your bitcoin in exchange for, say, groceries. Past speculation suggests that the country is cracking down on businesses that would potentially use cryptocurrency as a way to skirt sanctions imposed on Russia after its invasion of Ukraine. According to a New York Timesarticle from February 23, shortly after the invasion began, crypto was likely being used "to bypass the control points that governments rely on — mainly transfers of money by banks — to block deal execution," as sanctions began to take hold.
Crypto in Russia is already a contentious topic as many factions within the government debate whether to regulate or ban crypto. Protocol reported back in January on the government's disagreement over what to do with cryptocurrency. The Central Bank of Russia called for a crypto ban, however, the Ministry of Finance opposed that stance, saying instead that the current regulation is sufficient and necessary to allow crypto technology to develop.
What the future holds for cryptocurrency in Russia is unclear as it stands, but for now, the new law will take effect on July 25.
Topics Cryptocurrency
Sri Lanka vs. Australia 2025 livestream: Watch 1st ODI for free
Rejections, Slush, and Turkeys: Happy Monday! by Sadie Stein
Staff Picks: Biennial Cataloguing, Southern Gothic Horror by The Paris Review
Poetic Doubt; Battling Anxiety by Lorin Stein
Best external hard drive deal:WD 5TB Elements for $114.99
Dr. Fauci has the perfect reaction to Rep. Jim Jordan's wild questioning
Just Gotta Say... by Lorin Stein
Poetic Doubt; Battling Anxiety by Lorin Stein
Best early Prime Day Roomba deals: Newest Roombas on sale at Amazon
Happy Birthday, Gatsby; Good
GPU Availability and Pricing Update: April 2022
The Grandmaster Hoax by Lincoln Michel
Egyptians call out Elon Musk for spreading pyramids conspiracy theory
Musk admits Twitter Blue defeat with Twitter's new CEO hire
Creators talk accessibility and building inclusive spaces at VidCon 2025
The best tweets of the week, including Garth Maul and Corn Palace
How to watch MLB out of network games: the best streaming and VPN deals for blacked out games
Music of the Heart? by Sadie Stein
Google 'Ask for me:' AI that calls businesses on your behalf for pricing and availability
'BlackBerry' review: Comedy is sparked from true tech tragedy
Woman creates board game about arranged marriages based on her experience getting out of oneVery good dog displaced by Harvey is reunited with owner, thanks to social mediaApple's new processors will put Intel to shame, report saysNovember 2020 was the warmest November on recordRick Astley getting rickrolled was Reddit's most upvoted post in 2020Couple finally completes 40'The Mandalorian' Chapter 14 is an emotional rollercoasterCollege students, rejoice! You can now get a semester's worth of free premium pornWoman's nasty tweet about an engagement ring sparks a debate about whether size really matters'The Mandalorian' Chapter 14 is an emotional rollercoasterKhan Academy review: An essential homeschooling resourceRescuers in Houston hauled 21 adorable dogs to safety in a single boatBear crashes birthday party and eats all the cakeYet another monolith has appeared on a beach in EnglandOnline testing is a biased mess, and senators are demanding answersClever dude scored amazing seats at the Mayweather vs McGregor fight by posing as a bodyguardNew Australian proSeth Rogen expertly trolls fervent Trump supporter on TwitterLondon street artist paints heartwarming tribute to Princess DianaVW’s electric ID.4 feels way more personalized than a Tesla How Not to Be Forgotten by Lauren Kane Masked and Anonymous by Lucy Sante Philippe Petit, Artist of Life by Paul Auster What Really Killed Walt Whitman? by Caleb Johnson Redux: Lost Causes Confound by The Paris Review Books Only a Mother Could Love by The Paris Review What Our Contributors Are Reading This Spring by The Paris Review More Obscene than De Sade by Lucy Sante Poetry Is a Volley between the Living and the Dead by Craig Morgan Teicher In the Name of Notre Dame by Chris Knapp Queerness, Cyborgs, and Cephalopods: An Interview with Franny Choi by Spencer Quong Best TV deal: Save $20 on Amazon Fire TV 2 Children with Mothers Don’t Eat Houses by Sabrina Orah Mark The Royally Radical Life of Margaret Cavendish by Michael Robbins In Praise of Travel, Particularly on Horseback by Antoine Compagnon Daša Drndić's ‘EEG’ and the Joys of Pessimism by Dustin Illingworth Look, It’s Earth Day by The Paris Review On Effort and Letting Go by Salvatore Scibona Gangster Bedtime Stories by Rich Cohen Killing Time by Anna Funder
1.2199s , 8264.0859375 kb
Copyright © 2025 Powered by 【define: eroticization】,Miracle Information Network