Economic

Russia Bans Bitcoin

“Russia doesn’t do things by halves — Bitcoin can no longer be used by individuals and legal entities anymore. If you have a Bitcoin wallet on your computer, you are now breaking the law. The Central Bank of Russia reiterated that the official currency is the Ruble, and that it considers Bitcoin a money substitute. That’s why the cryptocurrency is now banned.”

Source: Russia Bans Bitcoin | TechCrunch

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