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CNBC
by David Reid and Arjun Kharpal
10/10/2017
Excerpt:
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At around the same time as the crash, the Russian central bank proposed fresh restrictions on exchanges selling the cryptocurrency.
Sergei Shvetsov, the first deputy governor at the Russian central bank, described the currency as "dubious" on Tuesday morning, according to Reuters.
"We can not stand apart. We can not give direct and easy access to such dubious instruments for retail (investors)," Shetsov said, according to the news agency.
Shvetsov, speaking at a conference in Moscow, said that Russia will block access to the websites of exchanges that offer cryptocurrencies such as bitcoin.
But it's thought unlikely that any regulatory change in Russia would move the price that much given that the country accounts for a very tiny portion of the entire bitcoin market.
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View the complete article at:
https://www.cnbc.com/2017/10/10/bitc...exchanges.html
by David Reid and Arjun Kharpal
10/10/2017
Excerpt:
.................................................. .............................
At around the same time as the crash, the Russian central bank proposed fresh restrictions on exchanges selling the cryptocurrency.
Sergei Shvetsov, the first deputy governor at the Russian central bank, described the currency as "dubious" on Tuesday morning, according to Reuters.
"We can not stand apart. We can not give direct and easy access to such dubious instruments for retail (investors)," Shetsov said, according to the news agency.
Shvetsov, speaking at a conference in Moscow, said that Russia will block access to the websites of exchanges that offer cryptocurrencies such as bitcoin.
But it's thought unlikely that any regulatory change in Russia would move the price that much given that the country accounts for a very tiny portion of the entire bitcoin market.
.................................................. ....................
View the complete article at:
https://www.cnbc.com/2017/10/10/bitc...exchanges.html