Putin Bans Crypto Payments in Russia, Amid Claims They're Behind Huge Surge in Pyramid Schemes | CoinMarketCap

Vladimir Putin has signed a law that bans crypto payments in Russia — amid claims they're behind a dramatic surge in pyramid schemes.🇷🇺

It all comes after a tug of war between governmental bodies on the best way to handle the rise of cryptocurrencies.

Some politicians there have drawn parallels between "cryptomania" and gambling addiction, with the latter already subject to harsh rules nationwide.

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