Cryptocurrency has become one of the most popular investments in the world. However, different countries have different rules in place when it comes to cryptocurrency. Some countries are more welcoming than others, and some have not made a clear decision yet. The following article explains how different countries are treating cryptocurrencies. If you are interested in crypto trading, it is imperative to know the position of your country.
Let us take a look at some of the countries and their rules in regard to cryptocurrency.
The Russian government has been working since 2011 to create a new legal framework for cryptocurrency. So far, the main regulation that is in place is about ICOs and not Bitcoin. There are regulations regarding how much money you can use to invest in an ICO and there are certain limits to prevent scams. Russia also has its own cryptocurrency called CryptoRuble. The currency will be launched on March…