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Russia proposes ban on use and mining of cryptocurrencies

By Elena Fabrichnaya and Alexander Marrow

Jan 21 2022 6:55AM

Cites threat to financial stability, citizen wellbeing.

Russia proposes ban on use and mining of cryptocurrencies

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. The move is the latest in a global cryptocurrency crackdown as governments from ...

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