As Russia works to “more clearly prohibit the use of cryptocurrency,” the country’s largest data center operators aren’t really worried.
BitRiver, the largest cryptocurrency mining colocation services provider in Russia, is unlikely to be affected by a new crypto crackdown from the Bank of Russia, according to the firm’s CEO.On Sept. 15, the Russian central bank announced that the authority has started working with local banks in order to slow down payments to cryptocurrency exchanges.Sergey Shvetsov, the first deputy governor at the Bank of Russia, reportedly said that the regulator is now considering amending the law to “more clearly prohibit the use of cryptocurrency” and introduce additional administrative and criminal liabilities.While Shvetsov did not clarify on what kind of crypto transactions exactly would be restricted as part of the new regulatory crackdown, the official noted that the bank wants to ha
Robert Kiyosaki Advocates Bitcoin as Hedge Against Financial Crisis
Kiyosaki strongly suggested that people put their money into buying Bitcoin, silver, and gold. The author has a…
