Russian Crypto Industry Could Be Operating Legally by Year-End: Central Bank

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AI Fusion Summary

Russia is advancing its crypto regulation this year. According to the Central Bank of Russia, the crypto market may operate legally by the end of 2026. While this legalization could potentially enhance financial innovation, it may also face various regulatory challenges that could impact global crypto dynamics. The Russian government continues to move forward with establishing a legal framework for the industry to ensure a structured transition toward full operational legality within the specified timeframe.
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