JUST IN:

Starting September 1st, 🇷🇺Russia to ban the use of all cryptocurrencies within their borders except for digital financial assets issued by the state.



"The need for the ban is because today cryptocurrency is a quasi-currency that replaces the ruble in the country. But only the Russian ruble fulfills the mission of the monetary unit, so this is the decision." - Chairman of the State Duma Committee on Financial Market, Anatoly Aksakov.

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