Regulating cryptocurrency is not straightforward. In Russia, the government is currently exploring ways to bolster this booming industry. A new proposal by Andrey Khrapov may set the tone for the industry as a whole. He seeks to impose very strict KYC requirements for low-scale cryptocurrency transactions. Tighter Requirements for Bitcoin in Russia Cryptocurrencies are often...The post New Regulatory Amendment Advocates Tighter KYC Rules for Bitcoin in Russia appeared first on Live Bitcoin News.
