A bill aimed at legalizing cross-border cryptocurrency payments has been submitted to the Russian parliament

ChainCatcher news, according to Bitcoin.com, a draft law aimed at regulating cryptocurrency mining in Russia has been submitted to the Russian parliament, which will also legalize cross-border crypto payments. The bill will not threaten the status of the ruble as the only official currency of Russia and creates a foundation for the development of crypto infrastructure in Russia.

According to previous reports, the lower house of the Russian parliament, the State Duma, rejected a legislative proposal aimed at regulating cryptocurrency mining, stating that the initiators failed to properly establish regulatory principles, requirements for data centers and mining operators, and the procedures for taxing mining companies. (Source link)