Russian Bill Draft Requires Gov’t Officials To Declare Crypto Assets

In a recent interview with the Russian news outlet Gazeta, the chairman of the State Duma Committee on Financial Markets, Anatoly Aksakov stated that the current draft of Russiancryptocurrency bill requires government officials to declare their cryptocurrency investments.

The draft is currently under review by the Russian Ministry of Finance and the Central Bank with the final version of the bill slated to be released no later than July 1, 2018, according to Forklog.

As of now, government officials are not required to declare their cryptocurrency assets because of a lack of proper definition and regulation of cryptocurrencies, according to a recent announcement by the Russian Ministry of Labor…

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