- Russia is considering imposing additional fees on trades in some cryptocurrencies, including Tether (USDT) and Binance Coin (BNB).
- A central issue in the second reading of a bill regulating the digital-asset market is whether to permit trading in certain digital assets, including Tether and Binance Coin.
- Deputy Finance Minister Chebeskov said the government is reviewing ways to encourage investors to hold other assets through economic incentives such as fees because trading in those assets could pose high risks to Russian users.
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Russia is considering imposing additional fees on trades in some cryptocurrencies, including Tether’s USDT and Binance Coin’s BNB, as it looks to protect domestic investors.
Tass reported on June 9 that Deputy Finance Minister Ivan Chebeskov told Izvestia a central issue in the second reading of a bill regulating the digital-asset market is whether to permit trading in certain digital assets, including Tether and Binance Coin.
Trading in those assets could pose high risks to Russian users, Chebeskov said. He added that the government is reviewing ways to encourage investors to hold other assets through economic incentives such as fees and investment recommendations, alongside technical safeguards.