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A senior Russian official says an upcoming digital sources bill will ban the issuing and promoting of cryptocurrencies.
“We contemplate there are enormous risks of legalizing the operations with the cryptocurrencies, from the standpoint of business steadiness, money laundering prevention and person safety,” Russia’s central bank head of honest, Alexey Guznov, told Russia news company Interfax this week in feedback translated to English by strategy of Google. “We are against the real fact that there are institutions that earn 22 situation up the birth of cryptocurrency and facilitate its circulation,” Guznov said, including the upcoming bill “straight away formulates a ban on the field, to boot to on the organization of circulation of cryptocurrency, and introduces felony responsibility for violation of this ban….”
On the opposite hand, Guznov admitted that Russia would no longer be in a house to entirely ban bitcoin and quite about a cryptocurrencies. “No person is going to ban owning cryptocurrencies,” Guznov said, including other folks could presumably additionally no longer be punished for owning crypto “if they made their deal in a jurisdiction that doesn’t restrict that.”
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