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Russia's central bank wants to ban the use of cryptocurrencies

Russia’s central bank wants to ban the use of cryptocurrencies

Russia’s central bank has put forward a proposal to ban the use and mining of cryptocurrencies, according to Reuters. The proposal indicates that cryptocurrencies pose a risk to financial stability and the well-being of citizens, as well as a threat to Russia’s sovereignty with regard

Use of bitcoin for payments is decreasing, according to Bitpay

Use of bitcoin for payments is decreasing, according to Bitpay

The use of bitcoin as a digital currency for payments has dropped significantly, according to figures stemming from Bitpay, a leading cryptocurrency payment processor. While most purchases were made with bitcoin in 2020, that dominance has waned, making room for other tokens and coins such