Russia: "Cryptocurrencies: trends, risks, measures" report containing proposal of crypto-mining ban
Progress
Current status
concluded
20 Jan 2022 concluded
Scope
Implementers
Russia
Policy Area
Other operating conditions
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Published report "Cryptocurrencies: trends, risks, measures" proposing ban of crypto-mining
The Central Bank of the Russian Federation has published the report "Cryptocurrencies: trends, risks, measures", which proposes to ban crypto-mining in Russia. The stated reasons are that cryptocurrencies are often employed in illegal activities, de…
Event type
inquiry
Action type
closure
Government branch
executive
Government body
central bank