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Putin Signs Law Extending AML Measures to Digital Rubles, Effective June

The law on extending anti-money laundering measures to transactions involving digital rubles, signed by Putin, is set to come into effect in June, according to Interfax.
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AI Analysis

The new legislation signifies a substantial move by the Russian government to regulate the digital currency space, specifically targeting the digital ruble. By expanding AML (anti-money laundering) me...

AI Recommendation

Investors should monitor the implementation process of this law closely, as it might introduce increased regulatory hurdles for digital currency transactions in Russia. While it may pose short-term ch...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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