Russia’s Interior Ministry Defers to Central Bank for Bitcoin Guidance

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The Ministry of the Interior of the Russian Federation (MVD) has issued new statements on bitcoin and its possible regulation under domestic law.

Perhaps most notably, the agency tasked with implementing government policy and regulation suggested it would wait on a decision by the Bank of Russia, the country’s central bank, before taking any action on matters of policy.

Alexey Moshkov, chief of the agency’s special technical activities bureau, told Russia-based news agency TASS:

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