Friday, 24 March, 2023

Russian Bank ramps up protest against cryptocurrencies

<p>Russia&#39;s central bank ratcheted up its campaign against private cryptocurrencies. Reuters reported the bank wants to prohibit cryptocurrency investments. Russia opposed private cryptocurrencies for years, saying they can be used to launder money or finance terrorism. The Bank of Russia is working on an advisory report outlining its position on the matter. The bank previously stated that Russia needed a further adjustment of cryptocurrency.<br /> &nbsp;</p>