Russia Bans Sites Trading Bitcoin

Russia will block access to trading websites that offer cryptocurrency like a bitcoin. This was stated by the first Deputy Governor of the Russian Central Bank, Sergey Shvezov, defining such a trade as "dubious", Reuters reports.
Initially, the Russian financial authorities treated as illegal any kind of payment instruments issued by non-state institutions, explaining that they could be used for money laundering.
At a later stage, however, the authorities adopted the globally flourishing market for cryptocurrency, but they either wanted to either control turnover or limit access to the market.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
- » Moody's confirmed the Credit Rating of Bulgaria and Predicts Postponement of the Euro
- » Bulgarian Financier: Adoption of the Euro will Not Raise Prices
- » Bulgaria’s National Bank increased the Main Interest Rate for February
- » Financier: In Bulgaria, We’ve been Using Euro, which is called Lev, in a ratio of 2 to 1 for 25 Years Now
- » Bulgaria’s National Bank Withdraws Old Banknotes with Denomination of BGN 20 from Circulation – Check Where You can Change yours!
- » According to Deputy PM, it is Still Realistic for Bulgaria to Adopt the Euro in 2024