“Cryptocurrency Is Not Money”, Says Russia

The Russian Parliament is about to pass a draft bill on cryptocurrencies and digital tokens in which they are considered assets. Unfortunately, locals and tourists won’t be able to pay for goods and services using cryptocurrencies in Russia.
Russian Parliament To Regulate Cryptocurrencies
The bill outlines the legal framework for mining and blockchain-based transactions and legalizes terms such as “digital financial asset”, officially defined as a security in electronic form &l