Lawmaker in Russia says no plans for total crypto ban, contradicting previous reports.

The crypto turnover will not be prohibited. However, it remains unclear whether the law would impact numerous OTC crypto services in Moscow. This uncertainty raises concerns about the potential effects of the law on crypto trading activities in the region.

It is important for businesses and individuals involved in crypto trading to stay informed about any developments regarding the implementation of the law. Clarity on the regulatory stance will help in understanding the implications for the crypto industry in Moscow. Vigilance and adherence to legal requirements will be crucial for navigating any potential changes in the crypto landscape.

Organizations and stakeholders in the crypto market should continue to monitor the situation and adapt their strategies accordingly.

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