#Russia cracks down on crypto, but with a twist!

Starting September 1st, they'll restrict most cryptocurrencies but allow mining and a central bank digital currency (#CBDCs ).

This aims to strengthen the ruble while benefiting from tax revenue generated by miners.

Debate rages on within Russia - some want stricter controls, others see potential in crypto for international trade. Will Russia find a middle ground?

#Cryptocurrencies: #Memecoins #Crypto