Russia sees no need to legally define Cryptos-  Minister of Justice of Russia, Alexander Konovalov, has affirmed that he does not see the need to legally define cryptocurrencies just yet. According to him, cryptocurrency might be considered another type of asset in terms of Russian legislation, again urged legislators to avoid defining it at the current stage. The lack of clarity does not help the wider use of Digital Assets but Russia’s stance is understandable as if they start imposing too many restrictions and regulations this nascent industry will simply more out of Russia to more Crypto friendly jurisdictions. An alternative view is that Russia...