Raising The Iron Crypto Curtain — AAX Academy

Cryptocurrencies are gaining greater adoption as a means of payment and store of value and are being used to great effect, and in line with their virtue of anonymity, on DarkWeb resources and channels that are known for being the ‘shady’ part of the internet. But while some countries like Iran and Japan are adopting favorable legislations for the development of mining and the use of cryptocurrencies for the broader strata of the population, the Russian Federation has adopted a law that came into force on January 2021, that, essentially, crosses out the possibility of using cryptocurrencies as the means of payment inside the country, though allows possession and trade as the commodity.