Russia outlines its position on crypto ...News

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The use of digital currencies as a means of settlement will remain prohibited, says the central bank The Bank of Russia (CBR) is against the legalization of crypto-exchanges, exchangers and settlements in cryptocurrency within the country, RIA Novosti reported on Monday, citing the regulator’s press service. However, the report noted that cross-border crypto transactions may be legalized. Earlier on Monday, Russian Deputy Finance Minister Alexey Moiseev stated that the CBR and the Ministry of Finance had come to an understanding that the country could not do without cross-border settlements in cryptocurrency in th

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