2min chapter

Forward Guidance cover image

Consequences of Russia's Invasion of Ukraine with Jacob Shapiro

Forward Guidance

CHAPTER

Bitcoin and Cryptocurrency: A Threat to the Russian Economy

The Russian central bank put out a 30 or 40 page report about why the Russian government should ban cryptocurrency in general. Russia views Bitcoin and cryptocurrency as a threat it's developing a digital ruble to try and push it out. Most authoritarian governments don't likeCrypto because they want control, says Richard Quest.

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