Russia reportedly enacts laws defining cryptocurrency and smart contracts

2019-10-2 18:00

Russia has reportedly just enacted a new “digital rights act” that defines smart contracts and cryptocurrency tokens. Russian news outlet Regnum reported the act came into force yesterday. The new laws were first announced earlier this year and outlined how smart contracts and digital tokens would be thought of, legally speaking.

The bill establishes the concept of “digital rights” in Russian law. In effect, the bill sees digital rights like securities or a set of contractual rights that state what a holder is entitled to. These laws determine how these digital rights can then be exercised and transferred. As such,…

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How Monero Are Improving Human Rights With XMR

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MUST ICO

The MUST Protocol is an open source protocol designed to confirm, account, and manage rights to assets through non-fungible tokens. It offers tools for creating efficient decentralized DApps, ensuring the ease of authentication of information about real tangible and digital assets (vehicles, real estate, equipment, securities, currencies), and rights to these assets.

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Russian Authorities Confiscate 22 Crypto ATMs, Company To Appeal

Police in Russia have seized 22 crypto ATMs installed in shopping malls, restaurants, and stores across nine cities. According to Sarkis Darbinyan, a lawyer from Digital Rights Center (DRC) who is representing the affected company in the legal case, all the machines are operated by Bbfpro, a company with a network of Bitcoin ATMs across […] The post Russian Authorities Confiscate 22 Crypto ATMs, Company To Appeal appeared first on ZyCrypto.

2018-9-4 17:11


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