The Breakdown cover image

Is Russia Trying to Ban Bitcoin?

The Breakdown

00:00

Is the Central Bank of Russia Recommending a Ban on Mining in Russia?

Central bank recommends new punishments for using crypto as currency. They also suggest prohibiting institutional investors from being allowed to invest at all. Another big topic, as you might imagine, was mining. According to the cambridge centre of alternative finance, russia was the third biggest location for miners in august of last year,. seeing just over 11 % of global hash rate, after only us and kosekstan.

Play episode from 06:37
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app