{"id":8847,"date":"2023-12-27T10:00:51","date_gmt":"2023-12-27T10:00:51","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=8847"},"modified":"2023-12-27T10:00:51","modified_gmt":"2023-12-27T10:00:51","slug":"2024-cryptocurrency-move-from-russia","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/2024-cryptocurrency-move-from-russia\/","title":{"rendered":"2024 Cryptocurrency Move from Russia!"},"content":{"rendered":"<p>The Chairman of Russia&#8217;s Financial Markets Committee, Anatoly Aksakov, announced plans to legalize cross-border transactions with cryptocurrencies in the second half of 2024. The St. Petersburg Stock Exchange platform will be utilized, and trials for the use of digital currency among BRICS countries are expected to take place in 2025-2026.<\/p>\n<p>Efforts to pass the law continued in March and April, emphasizing the use of cryptocurrencies in international payments. The discussion of the crypto law was initially planned for November 2023, but coordination difficulties delayed the process.<\/p>\n<blockquote><p>You might like:<em><strong>\u00a0<a href=\"https:\/\/coinengineer.net\/blog\/bitcoin-exchange-binance-lists-10-new-trading-pairs\/\">Bitcoin Exchange Binance Lists 10 New Trading Pairs!<\/a><\/strong><\/em><\/p><\/blockquote>\n<p>Aksakov confirmed plans related to crypto taxation and regulation, including mining, cross-border payments, and penalties. The proposal to impose a 20% income tax on miners by the Ministry of Finance is under consideration.<\/p>\n<p>The State Duma supports the option to sell cryptocurrency as an export product to support the crypto industry. Despite challenges, Aksakov remains optimistic about upcoming legal regulations and notes a trend among Russian companies to increase the use of cryptocurrencies in international payments.<\/p>\n<p>This regulation signals Russia&#8217;s efforts to create a regulated framework for cryptocurrencies, aligning itself with global trends.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram<\/strong>,<\/a>\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/strong><\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a>\u00a0channels for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Chairman of Russia&#8217;s Financial Markets Committee, Anatoly Aksakov, announced plans to legalize cross-border transactions with cryptocurrencies in the second half of 2024. The St. Petersburg Stock Exchange platform will be utilized, and trials for the use of digital currency among BRICS countries are expected to take place in 2025-2026. Efforts to pass the law<\/p>\n","protected":false},"author":13,"featured_media":8848,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[3239,642,3240],"class_list":["post-8847","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-2024-cryptocurrency-move-from-russia","tag-russia","tag-russia-and-crypto"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2024 Cryptocurrency Move from Russia! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"The Russia&#039;s Financial Markets Committee, announced plans to legalize transactions with cryptocurrencies in the second half of 2024.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/2024-cryptocurrency-move-from-russia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2024 Cryptocurrency Move from Russia! 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