No Developed Nation Bans Cryptocurrencies, Telegram Founder Pavel Durov Warns Russia – Regulation Bitcoin News

[ad_1] Pavel Durov, founder of the messaging app Telegram, has criticized Bank of Russia’s proposal to impose a blanket ban on a range of crypto-related activities. Such move would stifle high-tech development and chase away blockchain specialists, Durov says. Durov Speaks Out Against Bank of Russia Push for Crypto Ban The cryptocurrency ban proposed by the Central Bank of Russia (CBR) will destroy a number of high-tech sectors and spark an outflow of IT specialists, Pavel Durov, the man behind the popular-in-the-crypto-community messenger, Telegram, has predicted. The Russian entrepreneur also…

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Russian Court Bans Websites Explaining How to Trade Bitcoin – Regulation Bitcoin News

[ad_1] A court in Russia’s Perm region has decided to block a number of websites describing how to exchange cryptocurrency for fiat cash. Local prosecutors claim the dissemination of this type of information is against the law in Russia as it may facilitate the laundering of illicit funds. Kungur City Court Blocks Crypto-Related Sites The Kungur City Court in the Russian Perm Krai region has upheld a request filed by the Beryozovsky District Prosecutor’s Office to take down several internet sites detailing various methods of cashing out bitcoin. The prosecutors…

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