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Russian Lawmakers says Legislations to confiscate crypto is in Progress

Russia reportedly considers crypto for international payments

Igor Krasnov, Russia’s prosecutor general, says new legal steps are being made to put crypto under check, saying cryptocurrencies are being used for bribery and corruption. According to a senior official, Russian lawmakers are working on new legislation that would allow the government to seize cryptocurrency. According to local news agency TASS, Russian Prosecutor General […]

Crypto is the most dangerous investment strategy – Elvira Nabiullina

Crypto is the most dangerous investment strategy - Elvira Nabiullina

The head of Russia’s central bank, Elvira Nabiullina warned investors to be wary of cryptocurrencies, saying the prices of the digital assets are very volatile and investors are in real danger of losing their funds. Elvira Nabiullina, the president of the Russian Central Bank, expressed her opinion on whether or not people should participate in […]