Скачать или смотреть Russia to Implement Ban on Bitcoin, Restricts Cryptocurrency to Local Digital Assets

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In response to rising geopolitical tensions and sanctions, Russia is set to enforce a strict ban on the general circulation of cryptocurrency assets like Bitcoin, only allowing digital financial assets issued within its own jurisdiction. Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market, emphasized that this move aims to reinforce the ruble's dominance and limit the influence of non-Russian crypto operations, which he views as quasi-currencies replacing the ruble. While the bill will include exceptions for crypto miners and Central Bank-sponsored experimental projects, internal debate among policymakers persists. Some officials advocate for precise regulatory frameworks, while others, including Russia’s Finance Minister, suggest a moderated approach to enable crypto use in international transactions. This development highlights the complex dynamics of national security, economic policy, and the evolving landscape of global cryptocurrency regulation.