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Savage Kennedy

Savage Kennedy

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Russia Hopes Legitimizing Bitcoin will Thwart Crooks

Russia Hopes Legitimizing Bitcoin will Thwart Crooks

Russia's existing stance on bitcoin and other digital currencies is... less than welcoming. You could face website bans and prison time just for using it. However, the country is making an about-face on the idea. Deputy Finance Minister Alexey Moiseev tells Bloomberg that Russia hopes to recognize cryptocurrencies in 2018.

  • Savage Kennedy
Savage Kennedy Sep 18, 2022 • 1 min read
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