Russia, one of the global bodies who practice and engage the use of crypto currency has proposed a ban on it, stating fears as it(crypto) being a threat to digital currencies and also poses a threat to financial stability.
Vladimir Putin, president of Russia has decided that the proposed ban will be necessary as it will be able to curb financial insecurities. Mean while, Anton Siluanov, Finance Minister, is hoping there can be ways to iron out disagreements and that a bill be passed into law regulating cryptocurrency.
He is also of the opinion that should arguments ensue over the proposed bill, arrangements for it will be prolonged but is still hopeful that the President will agree to a consensus.
Vladimir Putin, president of Russia has decided that the proposed ban will be necessary as it will be able to curb financial insecurities. Mean while, Anton Siluanov, Finance Minister, is hoping there can be ways to iron out disagreements and that a bill be passed into law regulating cryptocurrency.
He is also of the opinion that should arguments ensue over the proposed bill, arrangements for it will be prolonged but is still hopeful that the President will agree to a consensus.
I think OP are referring to this article that was released a couple of days ago ==> https://economictimes.indiatimes.com/markets/cryptocurrency/russian-authorities-clash-on-plans-for-crypto-regulation/articleshow/89687455.cms
I quote : " MOSCOW -A simmering dispute over cryptocurrency regulation in Russia heated up on Friday as the finance ministry submitted legislative proposals that clashed with the central bank's demand for a blanket ban. "
They are obviously not sharing the same ideas when it comes to Crypto currencies, but it will all change when strict sanctions are implemented, if they invade the Ukraine. (Then Bitcoin will be used to bypass payment restrictions that will be in place)
