Express

Bank of Russia Gives Support To Potential Cryptocurrency Ban

Ramsey Baker

Summary: The Bank of Russia has decided to support the potential ban of cryptocurrency payments, according to a report from state-run news agency RIA. In the Interview the central bank said that "private cryptocurrencies cannot be equated with fiat money and cannot be legal tender." The bank will “support” a ban on “cryptocurrencies as a means ...

The Bank of Russia has decided to support the potential ban of cryptocurrency payments, according to a report from state-run news agency RIA.

In the Interview the central bank said that "private cryptocurrencies cannot be equated with fiat money and cannot be legal tender." The bank will “support” a ban on “cryptocurrencies as a means of payment” if the decision is made at the legislative level.

By Ramsey Baker

Last Update:

Tags: ,,
Link: Bank of Russia Gives Support To Potential Cryptocurrency Ban   [Copy]
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 8 hours ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 1 day ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 8 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 25 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025
  • You need to login to comment.