Russia: Federation Council adopted Federal Law on requirements for digital currency miners including authorisation of goods or services (Law No. 259-FZ)
Description
Federation Council adopted Federal Law on requirements for digital currency miners including authorisation of goods or services (Law No. 259-FZ)
On 23 October 2024, the Federation Council adopted amendments to Federal Law No. 259-FZ on requirements for digital currency miners including authorisation of goods or services. The amendments establish a regulatory framework for the authorisation o…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government