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By Vladimir Kozlov in Cyprus Russia is preparing a crackdown on cryptocurrencies in a bid to establish control over the segment that so far has been operating largely under the radar. The State Duma, the lower chamber of the Russian Parliament, is currently considering a bill on the regulation of cryptocurrencies in Russia. The document stipulates a complete ban on the organisation of crypto circulation as of September 1, 2024, making exceptions only for officially registered miners and projects by Russia’s central bank. In accordance with the draft, only Russian firms and individual entrepren…

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