Russian Election Candidates to Disclose Crypto Investments
CoinEdition
Published May 20, 2021 05:49AM ET
Updated May 20, 2021 06:00AM ET
Russian Election Candidates to Disclose Crypto Investments
- Russian politicians need to disclose the details of their crypto investments.
- Laws on electing Russian President and State Duma Deputies.
A new bill considering Russian candidates running for election to declare their spending on crypto has striked State Duma. As per the draft, Russian politicians need to disclose the details of their crypto investments they make, in case the total goes beyond a certain amount.
Candidates to Provide Particulars About Their Cryptocurrency Dealings
The lower house of parliament, the Russian State Duma has adopted on first studying a draft law that will include the crypto purchase disclosures into Russia’s electoral legislation. Moreover, candidates who run for government positions will reveal the amounts they invested to get the digital financial assets.
More so, the bill which the government proposed, introduces necessary amendments preceding the adoption of the Law “On Digital Financial Assets and Digital Currency,” reported the business news agency. How...
This article was first published on coinquora.com
Continue reading on CoinQuora
Get The News You Want
Written By: CoinEdition
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.