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Russian Central Bank Bans Bitcoin: Report

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Russia’s central bank is seeking to ban citizens from investing in bitcoin and cryptocurrencies over concerns the practice will pose risks to the country’s financial stability, according to a Thursday report by the Russian Central Bank. Reuters.

“The central bank is currently in talks with investors and market experts about a possible ban,” the report said. “If approved by lawmakers, it could apply to new purchases of crypto assets but not to previous purchases,” said one of the financial markets sources, who requested anonymity due to the sensitivity of the matter.”

https://bitcoinmagazine.com/markets/russian-central-bank-to-ban-bitcoin-report Russian Central Bank Bans Bitcoin: Report

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