Dossier
payment ban
Coverage of payment ban in the Nexus archive.
- Russia Passes Law to Regulate Crypto Exchanges, Keeps Payment Ban in Place
Russia has passed a law regulating crypto exchanges, allowing only registered entities to operate and limiting retail investors to 300,000 rubles ($3,700) annually. The law maintains a ban on using digital currencies as payment or legal tender, though exceptions exist for international trade contracts. President Vladimir Putin previously expressed support for Bitcoin, stating it cannot be banned.