Quote from: YOSHIE on November 21, 2022, 01:44:09 PM

Quote from: 9to5blog on January 29, 2022, 04:55:44 PM

it is interesting to see the impact of Russias ban ( If implemented) in the crypto world.

The news about the banning of crypto in Russia is currently still top news all over the world, as far as I know Russian president Putin 'did not' ban crypto users, assets, exchanges and crypto mining operating on Russian territory, as I quoted in one of the sources.
conclusion:

Quote

The law also allows owners of platforms offering exchange services to block any transactions that facilitate the replacement of digital financial assets with rubles.

Putin bans unlawful crypto, for users, exchanges or crypto miners making transactions other than the country's official currency, namely the ruble, Russia is not banning the exchange of crypto or assets like Bitcoin and others, they want to create a Russian legislature about digital currency with rubles.

The real point about crypto vs. Russia as I show below.

Quote

long discussions between the Central Bank of Russia and the government regarding cryptocurrency. In addition, this move made the ruble the only legal currency in the country.

From other sources that I have seen, regarding the quote below.

Quote from: 9to5blog on January 29, 2022, 04:55:44 PM

The proposed ban includes crypto exchanges too.

This is not an idea or plan of the Russian government, but an idea and plan that Europe wants to do against Russia, in the form of Russia's war sanctions against Ukraine.

According to the law, you can pay for goods only in rubles, but this does not work. Dollars, cryptocurrencies are also involved in trading. It cannot be banned and it cannot be controlled. The digital ruble will not be popular among the population.
A bit of gossip: A lot of foreigners came to Moscow to exchange cryptocurrencies for dollars and euros. The exchanges complain about the lack of dollars and euros.