Russia’s Central Bank Might Be Restricting Cryptocurrency Investment -Reuters

According to media reports on Thursday, the Central Bank of Russia is considering imposing restrictions on cryptocurrencies due to concerns about financial stability.

According to the news Reuters quoted, citing two sources with knowledge on the subject, the Central Bank of Russia executives said that the investors in the country to avoid investing in cryptocurrencies may impose a ban.

However, the ban that can be implemented if approved by the lawmakers, Cryptocurrency purchases made in the past reported to be unaffected.

According to the news, the Central Bank of Russia, which continues its talks with representatives from the private sector, is against cryptocurrencies. “totally opposite” takes an attitude.

The Central Bank of Russia is preparing to publish a report on the general state of the cryptocurrency sector in the country. The content of the report is not yet known.

Image: Bank of Russia, Moscow-Live

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