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Coinnounce 2021-12-15 05:53:16

Bank of Russia is looking to ban mutual funds from investing in cryptocurrencies.

The Central Bank of Russia is taking steps to prevent mutual investment funds from putting money into cryptocurrencies such as bitcoin. The restrictions would also apply to derivatives, the value of which depends on the fluctuation in their rates or the prices of securities tied to cryptocurrencies. The monetary authority explained the move with the […]

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