Russian lawmakers have revived plans to prohibit the circulation of cryptocurrencies nationwide, paving the way for the digital ruble.
Cheng YuanRussia plans a potential ban on cryptocurrencies, aiming to protect its national currency, the ruble, while accommodating certain exemptions for entities like miners. The proposed legislation reflects a compromise between differing government opinions, prioritising regulatory control over broader crypto adoption.
AnaisBan crypto, and immediately we have no problems with illegal drugs, right?
OthersThe RESTRICT Act could theoretically be abused to ban Americans from using Bitcoin, according to experts.
cryptopotatoThe EU has introduced additional bans, including (but not limited to) cryptocurrency services.
FinboldThe country's central bank, Bank of Russia, has reportedly admitted that cross-border payments in crypto are inevitable in the present geopolitical conditions.
OthersAuthorities in Uzbekistan are now clamping down on online crypto trading platforms that operate outside the nation and are not ...
BitcoinistCryptocurrencies can be used in cross-border or international payments only if they don’t get into Russia’s domestic financial system, the Bank of Russia governor said.
CointelegraphThe State Duma, Russia's lower house of parliament, has submitted legislation making it illegal to pay with cryptocurrency. The bill's ...
BitcoinistPutin said excess electricity and well-trained personnel gave Russia a "competitive advantage" in cryptocurrency mining.
Cointelegraph