Russian Law Enforcement Considers Further Criminalizing Cryptocurrencies

Russian Law Enforcement Considers Further Criminalizing Cryptocurrencies

On Monday, Alexander Bastrykin, head of the Russian governmental Investigative Committee, published an article in the Kommersant daily. In it, he has suggested that the state should introduce criminal punishment for “illegal issuance and circulation of cryptocurrencies” as a means to combat the “hybrid war”, which is allegedly being waged against Russia by the West, under the command of the USA. “We know from our experience that virtual cryptocurrencies are often used to finance terrorism. Such cryptocurrencies don’t have a central issuer, a single point of control over transactions and....


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