A working group within Russia's state legislature is further delaying work on a cryptocurrency legalization bill, according to one of the drafting team.
Speaking with Russian media source Invest-Foresight, Elina Leonidovna Sidorenko – a professor Moscow State Institute of International Relations who serves in the working group – remarked that the process is being pushed back to the winter at the earliest, due to a number of factors.
Of particular note, Sidorenko said, is the fact that not all stakeholders are aligned on what the bill should accomplish. Recent changes in the market for cryptocurrencies are also driving a reassessment of the measure.
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