TLDR Crypto · MARKETS & BUSINESS

RUSSIA CONSIDERING BANNING CRYPTO EXCHANGES

theblock.co1 min read

Summary from the TLDR Crypto newsletter

Beribit clients have occupied the Russian crypto exchange's offices, demanding their funds amidst a financial discrepancy audit. Russian Duma is considering a bill that would ban crypto exchanges but allow transactions and mining by registered firms. This legislative move is being challenged as it could potentially affect national security interests due to cryptocurrencies' role in bypassing sanctions.