# روسيا

Approval of the Bitcoin and Digital Currencies Bill in its First Reading ‎#روسيا
In its first reading, the Russian State Duma approved a bill regulating digital currencies, recognizing them as a financial asset.
The proposal includes licensing rules, restrictions on licensed entities for trading, and penalties for unregistered activities, while allowing use across borders and banning payments with digital currencies within Russia.
This is only the first reading, so it still needs a second and third reading in the State Duma, approval by the Federation Council, and the president’s signature be