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Russia’s Central Bank Proposes Ban On Crypto Mining And Trading
MP3•Episode home
Manage episode 318175789 series 2902121
Content provided by Africa Business Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Africa Business Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Russia’s central bank proposed a blanket ban on the use and creation of all cryptocurrencies within one of the world’s biggest crypto-mining nations, citing the dangers posed to the country’s financial system and environment.
The central bank also took aim at mining, which it said hurts the country’s green agenda, jeopardizes Russia’s energy supply and amplifies the negative effects of the spread of cryptocurrencies, creating incentives for circumventing attempts at regulation.
The Central Bank called for individuals and businesses that flaunt the rules to be held to account, citing estimates that put Russia’s crypto trading turnover at about $5 billion a year.
…
continue reading
The central bank also took aim at mining, which it said hurts the country’s green agenda, jeopardizes Russia’s energy supply and amplifies the negative effects of the spread of cryptocurrencies, creating incentives for circumventing attempts at regulation.
The Central Bank called for individuals and businesses that flaunt the rules to be held to account, citing estimates that put Russia’s crypto trading turnover at about $5 billion a year.
1000 episodes
MP3•Episode home
Manage episode 318175789 series 2902121
Content provided by Africa Business Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Africa Business Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Russia’s central bank proposed a blanket ban on the use and creation of all cryptocurrencies within one of the world’s biggest crypto-mining nations, citing the dangers posed to the country’s financial system and environment.
The central bank also took aim at mining, which it said hurts the country’s green agenda, jeopardizes Russia’s energy supply and amplifies the negative effects of the spread of cryptocurrencies, creating incentives for circumventing attempts at regulation.
The Central Bank called for individuals and businesses that flaunt the rules to be held to account, citing estimates that put Russia’s crypto trading turnover at about $5 billion a year.
…
continue reading
The central bank also took aim at mining, which it said hurts the country’s green agenda, jeopardizes Russia’s energy supply and amplifies the negative effects of the spread of cryptocurrencies, creating incentives for circumventing attempts at regulation.
The Central Bank called for individuals and businesses that flaunt the rules to be held to account, citing estimates that put Russia’s crypto trading turnover at about $5 billion a year.
1000 episodes
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