'Financial pyramid': Russia's central bank pushes for crypto ban
Russia’s central bank says cryptocurrencies are an energy problem and a threat to the financial wellbeing of the country and its citizens.
Source: watoday.com.au
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Russia's central bank is proposing a ban on the use and mining of crypto
Russia proposes ban on use and mining of cryptocurrencies
Source: euronews.com
Russia proposes ban on use and mining of cryptocurrencies
MOSCOW (Reuters) -Russia's central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability, citizens' wellbeing and its monetary policy sovereignty. Russia has argued for years against cryptocurrencies, saying they could be used in money laundering or to finance terrorism. In a report published on Thursday, the central bank said speculative demand primarily determined cryptocurrencies' rapid growth and that they carried characteristics of a financial pyramid, warning of potential bubbles in the market...
Source: aol.com
Russia proposes ban on use and mining of cryptocurrencies
Breaking News, Latest News and Current News from OANN.com. Breaking news and video. Latest Current News: U.S., World, Entertainment, Health, Business, Technology, Politics, Sports.
Source: oann.com
Russia proposes ban on use and mining of cryptocurrencies
MOSCOW (Reuters) -Russia's central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability, citizens' wellbeing and its monetary policy sovereignty. Russia has argued for years against cryptocurrencies, saying they could be used in money laundering or to finance terrorism. In a report published on Thursday, the central bank said speculative demand primarily determined cryptocurrencies' rapid growth and that they carried characteristics of a financial pyramid, warning of potential bubbles in the market...
Source: aol.com