The Russian government has postponed the introduction of its planned cryptocurrency regulations – laying the blame for the delay at the feet of the international Financial Action Task Force (FATF).
The legislation – which had been slated for a second reading in the Russian parliament in the weeks ahead – is now “stuck.” Anatoly Aksakov, the head of parliament's financial committee, confirmed that the terms of the FATF’s anti-money laundering and counter-terrorism guidelines (issued in October last year) have forced Moscow to reconsider its plans.
[FULL STORY HERE]
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