As tensions between Russia and Ukraine escalated, Russian billionaires were already feeling the pinch. Their net worth plunged after Russian President Vladimir Putin.
According to local news sources, Russian authorities are planning to recognize digital assets as a type of cash. The government and the Bank.
A number of prominent figures, including Alexei Navalny’s chief of staff Leonid Volkov and Telegram founder Pavel Durov, have criticized Russia’s recent crypto.
In a paper titled “Cryptocurrencies: Trends, Risks, and Measures,” the Russian Central Bank advocates for a blanket ban on all crypto operations. The.
Senior senator says Russian authorities are debating whether to ban or legalize cryptocurrencies such as bitcoin. Furthermore, as per Anatoly Aksakov, speaking local.
The Russian government is considering a new project to mine Bitcoin (BTC). Notably, this will be by using associated petroleum gas. Furthermore, Vasiliy.
A new crypto crackdown by the Bank of Russia is unlikely to harm BitRiver. BitRiver is the largest cryptocurrency mining colocation service provider.
The governor has maintained his stance despite growing criticism of how the bank has handled digital asset regulation. Moreover, there are growing concerns.
The Russian government announced in a report about the explosive phase in the country due to increased crypto issuances in 2021.