Russia’s monetary authority is behind a new proposal to punish those conducting unregulated operations with cryptocurrencies in the country.
The news coincides with a call for accelerated adoption of regulations legalizing transactions with digital assets issued by a major Russian bank.
The authorities in Moscow intend to approve the respective legislation by the summer, with some analysts predicting Russia will then block foreign exchanges.
The Central Bank of Russia (CBR) considers it necessary to prosecute cryptocurrency operations carried out outside the legal framework.
Governor Elvira Nabiullina made that clear in statements on the matter, quoted by…
