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Russian crypto ban

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It was recently reported that the Russian Central Bank had sent a proposal to the government of Russia intending to ban all forms of crypto-related transactions within the country. The proposal specifically pointed out that crypto being a very high volatile asset class should be banned. Along with that, all forms of crypto transactions such as trading, mining, exchanges, OTC desks, P2P transfers, and usage of cryptocurrencies in any way should be deemed illegal. Plus,…