And was cryptocurrency generally banned?

We were told for a long time that it was necessary to “legalize” cryptocurrency. But a simple question arises: if cryptocurrency was not completely banned earlier, what exactly is changing now?

Russian exchange desks were already operating: they performed customer identification, requested a passport, asked questions about the origin of funds, and could refuse suspicious transactions.

That is, the market existed — it just wasn’t fully placed within a regulated framework.

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