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Sanctions Increase Crypto Risks for Russians, Warns Central Bank

The Russian Central Bank has warned that citizens should stay away from crypto, with “risks” on the rise due to “sanctions from unfriendly countries.” And it has followed up with yet another call for a blanket ban on tok...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Sanctions Increase Crypto Risks for Russians, Warns Central Bank
The Russian Central Bank has warned that citizens should stay away from crypto, with “risks” on the rise due to “sanctions from unfriendly countries.” And it has followed up with yet another call for a blanket ban on tokens such as Bitcoin (BTC).
TASS, via Finversia, quoted the bank as making its claims in its latest financial stability report. The bank wrote:...
Read More: Sanctions Increase Crypto Risks for Russians, Warns Central Bank

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