Russia has no plans for a total crypto ban, lawmaker says
Russia will not impose a total ban o cryptocurrency transactions in the country as some reports claimed. That’s according to Anton Gorelkin, the Deputy Chairman of the State Duma Committee on Information Policy, Information Technologies, and Communications. Reports that Russia is eyeing a complete ban on crypto turnover in the country amid geopolitical tensions are incorrect, a lawmaker has said. Earlier reports cited new legislation aimed at controlling the crypto ecosystem as Russia looks to promote its digital finance system and the ruble. No ban on crypto turnover On Monday, Anton Gorelkin, the Deputy Chairman of the State Duma Committee on Information Policy, Information Technologies, and Communications, dismissed these assertions, which had earlier been attributed to State Duma officials. Goreklin said in a Telegram post that, while a new bill looks at banning cryptocurrency exchanges in the country, it does not seek a total ban on crypto tu...