The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Russia Will Not Issue Chinese-Style Drastic Measures On Bitcoin And Cryptocurrency Trading, Says Deputy Finance Minister News

News Snapshot:

Weeks after China imposed a ban on crypto trading, Russia’s Deputy Finance Minister Alexei Moiseev says that Russians will still be allowed to trade crypto assets, but with one important distinction. A Russian citizen can have a wallet open outside the Russian Federation, but it is operations within the Russian Federation that they will be subject to bans, I think, for the entire foreseeable future, due to the fact that this is financial sovereignty.” “Citizens can buy and use wallets outside the Russian Federation. So it will remain, I think. There are no plans yet change something. Moiseev says that…

Other China Tech Buzz: