the new law on cryptocurrency mining does not bring significant changes

The only direct ban that is spelled out in the bill is a ban on advertising services related to cryptocurrency mining. At the same time, the criteria that should be followed when differentiating advertising and user information are not specified. Additional uncertainty is introduced by the rules regarding the procedure for withdrawing cryptocurrencies. Because, on the one hand, it is imperative that this should be done through foreign financial institutions, on the other hand, the text below speaks of the possibility of performing these actions through Russian organizations, which in the future will be endowed with appropriate powers, the lawyer explains.

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