Russia’s Central Bank Says It Would Support a Cryptocurrency Ban

Russia’s Central Bank Says It Would Support a Cryptocurrency Ban | CryptoGlobe

The Bank of Russia, Russia’s central bank, has shown support for a potential ban on cryptocurrencies as it considers them too risky for investors. According to state-run news agency RIA, the financial institution revealed it believes “private cryptocurrencies cannot be equated with fiat money and cannot be legal tender.”