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Russia to regulate digital assets as currency, McDonald’s eyes the metaverse, YouTube to adopt NFTs and XRP pumps 30%: Hodler’s Digest, Feb. 6-12

Published 02/12/2022, 04:30 PM
Updated 02/13/2022, 05:00 PM
Russia to regulate digital assets as currency, McDonald’s eyes the metaverse, YouTube to adopt NFTs and XRP pumps 30%: Hodler’s Digest, Feb. 6-12

Russian government and central bank agree to treat Bitcoin as currency

The Russian government and central bank made an agreement to regulate crypto as an analogue of currencies instead of digital financial assets.

The updated regulation is part of a draft law that is slated to launch on Feb. 18, and will see approved cryptocurrencies such as Bitcoin function in lawful exchanges through the banking system or licensed intermediaries.

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