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You are here: Home / Foreign Affairs / Russia’s Central Bank Proposes Cryptocurrency Ban
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Russia’s Central Bank Proposes Cryptocurrency Ban

January 21, 2022 at 7:48 am EST By Taegan Goddard Leave a Comment

“Russia’s central bank has proposed outlawing all cryptocurrency operations in the country, one of the world’s biggest centers for mining digital tokens,” the Financial Times reports.

“Under the draft proposals, Russia would ban all cryptocurrency issuance and operations, stop banks from investing in cryptocurrencies, block exchanging crypto for traditional currency, and introduce legal liability for using crypto in purchases.”

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Filed Under: Foreign Affairs, Technology

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goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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