Russia S Central Bank Proposes Ban On Use Mining Of Cryptocurrencies Techworm
Elizaveta Danilova, the Director of the Bank of Russia’s Financial Stability Department, on Thursday presented the report, “Cryptocurrencies: trends, risks, measures,” during an online news press conference and discussed the study on the ban of cryptocurrencies. “The use of cryptocurrencies creates significant threats to the well-being of Russian citizens and the stability of the financial system,” the report said. Russia became the world’s third-largest player in bitcoin mining, behind the United States and Kazakhstan, according to Cambridge University data released in October....