Russia is simply afraid of anything that is not created by them. Russians do not like and do not trust Europe, or western civilisation in general. So they way of thinking is something like that: "wait - we did not invent bitcoin so it is probably creation of western society to control and enslave our economic system, lets ban it!". And sadly now Ukraine is following the same idiotic way...
definitely! They can't control bitcoin and are afraid their fiat is destroyed by bitcoin. So they ban it and made up some conspiracy theory against it!
Why dont they regulate their bitcoin, integrate their own fiat and then get all the money they want.
Hmmmm,, But still, they are better off if they make Putincoin a thing.