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May 24, 2021 @ 9:43 pm By Omar Faridi
The State Duma has recently acknowledged that amendments to the Civil Code (in Russia) that cryptocurrencies (or “digital monetary units”) may be considered “a contractual means” of conducting payments in the country, according to
Pavel Krasheninnikov, Chairperson of the
Duma Committee on Legislation, at the
St. Petersburg Legal Forum.
Krasheninnikov stated:
“We believe that it is necessary to make amendments to the Civil Code, now we are in the process of an appropriate approval procedure, but there is an understanding that so far they have called it so – digital monetary units, it is, of course, not a legal means of payment, but this means of payment is quite possible , can be contractual, as a contractual means of payment.” ....

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