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Russia plans to seize crypto in new crackdown on local payments – TON BOT

Russia plans to seize crypto in new crackdown on local payments

Russian authorities are proposing a new bill with harsh penalties and asset seizures for using crypto for domestic payments. The bill formalizes existing restrictions and reinforces the state’s stance that such activity is illegal. Regulators warn industry participants that crypto transactions are not completely anonymous and exchanges routinely provide user data to authorities.


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