Experts Divided on New Russian Crypto Regulations

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An influential Russian politician has spoken up in favor of the country’s forthcoming crypto regulations rollout – but opposition voices are not so sure that the new rules will do anything to help the crypto sector.

Per media outlet RIA Novosti (via Prime), Arseniy Poyarkov, a member of State Duma-run Digital Economy Committee and the head of the BusinessDrom analytics center, claimed that a push toward ensuring digital assets are officially recognized as property will reap benefits for much of the market.

The Russian Prime Minister Mikhail Mishustin recently stated that the country’s cabinet is close to agreeing on a bill that will see crypto officially recognized under amended property laws, giving tokens a legal footing for the first time.

Poyarkov stated,

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