Some Russian Officials Are Forced To Sell Their Cryptocurrencies By April 2021 By Cointelegraph


Some Russian officials are forced to sell their cryptocurrencies by April 2021

Russia adopted its cryptocurrency law in January, but this legislation does not provide a direct answer to some questions, including how local officials should treat their crypto holdings. There are at least two other legal initiatives that require Russian public officials to declare or even dispose of their cryptocurrency holdings entirely in 2021. On December 10, 2020, Russian President Vladimir Putin signed a decree binding some public officials to disclose their cryptocurrency holdings June 30. The decree was adopted as part of the country’s law “On Digital Financial Assets,” or DFA, which took effect on January 1. Continue reading on Coin Telegraph

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