##Russia updates crypto law, prohibits buying goods with Bitcoin - Classified Ad: Visit - https://t.me/cryptosignalalert Russia has updated its crypto law. It’s not as strict as proposed earlier drafts but has rendered currencies like Bitcoin basically useless.In briefRussia today approved a bill on digital assets in a third and final reading.The bill gives legal status to cryptocurrencies—but says they cannot be used to pay for goods and services.Russia has long treated currencies such as Bitcoin with scepticism.Russia has passed a bill that legally recognizes cryptocurrencies such as Bitcoin—but doesn’t allow them to be used to buy anything. The third reading of the law recognizes digital currency “as an aggregate of electronic data capable of being accepted as the payment means” and gives it legal status, but adds it “cannot be used at the same time to pay for any goods of services,” TASS news agency reported today. In May, draft bills revealed that buyers of cryptocurrencies such as Bitcoin could be handed hefty fines or up to seven years of prison time. One bill said that the issuance of crypto in Russia would all but be prohibited and those already holding digital assets would have to register them with the authorities and give explan
For more news latest update on Cryptocurrency & Free Crypto Trading Signal join below given Telegram channel Visit https://t.me/btctradingclub Democratic life can be influenced by innovations such as Blockchain technology, Cryptocurrency, Artificial Intelligence (AI) and others, though there are still many unanswered questions and hunches related to these infant technologies. Now the Italian government wants to apply blockchain to electoral processes in order to enable citizens living across the globe to participate in voting, Fortuneita reports. To intensify the topic, the Blockchain Italy Summit was set up, which will exemplify the function of decentralization and disintermediation managed by the distributed ledger technology (DLT), following the rationales of “Tokeneconomics.” The meeting is scheduled for Tuesday, February 5 at the Sala della Lupa in the Chamber of Deputies. Different governments have started delving into blockchain to apply it in their voting proc
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