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Russia Has No Plans to Ban Bitcoin Like China, Says Deputy Finance Minister

October 14, 2021
Source: elevenews.com elevenews.com
News Snapshot:
Russia’s Deputy Finance Minister – Alexey Moiseev – asserted that the Russian Federation has no intentions to impose a total crypto ban. The government of the largest country by landmass does not intend to ban the purchase of digital assets by citizens on foreign trading venues, asserted the nation’s, Deputy Finance Minister. However, cryptocurrencies remain prohibited as a payment method within the borders of Russia. Not Like China According to a local report, Alexey Moiseev – Russia’s Deputy Finance Minister – said the Russian Federation has no plans to impose a complete crackdown on trading with cryptocurrencies on foreign platforms,...
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Tags: ban | bank | bitcoin | blockchain | boycott | Business | China | crackdown | crypto | cryptocurrency | currency | digital | finance | financial | fintech | foreign trade | Founder | government | investment | IT | Latin America | loss | network | Russia | technology

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