Russia's Interior Ministry Defers to Central Bank for Bitcoin Guidance
The Ministry of the Interior of the Russian Federation (MVD) has issued new statements on bitcoin and its possible regulation under domestic law. 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: "We rely on decisions of our regulator and will act in line with the legislative practice in this area." The remark is notable given....
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