Former Russian President Says Russia S Crypto Ban Would Lead To Opposite Result Finbold
Medvedev believes that if the ban is initiated, it will have a negative impact on the ecosystem but maintained that the central bank has its motivation, Tass reports. This comes after the central bank finalized working on a paper highlighting the role of crypto in the country’s financial system. Consequently, the bank recommended a total ban on cryptocurrency trading, mining, and usage. According to the bank, cryptocurrencies are volatile and utilized in illegal activities while offering an outlet for people to take their money out of the national economy....