Crypto mining is like counterfeiting, Russian banking exec says
The head of a Russian bank has compared cryptocurrency mining to ‘counterfeiting’, and warned the industry is unlikely to have a long-term future.
The head of a Russian bank has compared cryptocurrency mining to ‘counterfeiting’, and warned the industry is unlikely to have a long-term future.
The Kremlin-backed CryptoRuble could become Russia’s useful tool for carrying out “sensitive activity on behalf of the state."
Thirteen websites specializing in cryptocurrency are now restricted in Russia as the government sets out to limit cryptocurrency trading in the country.