Russia’s Central Bank supports prohibition of Bitcoin payments

Russia’s Central Bank supports prohibition of Bitcoin payments

Russia’s central bank has said that ’private cryptocurrencies cannot be equated with fiat money and cannot be legal tender’. ’The ruble is the only legal tender in the Russian Federation. We continue to believe that cryptocurrencies carry significant risks, including in the field of laundering of proceeds from crime and financing of terrorism’, the bank said in an accompanied statement.

KCooper
KCooper
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