Cryptocurrencies

Russia Proposes Crypto Crackdown. Bitcoin’s Reaction? No Problem

Largest digital coin surpasses $43,000 amid Russia crypto news
The currency is more mature at this point than in past: Tawil

A technician inspects mining rigs at a cryptocurrency mining center in Nadvoitsy, Russia. — A technician inspects mining rigs at a cryptocurrency mining center in Nadvoitsy, Russia.
Photographer: Andrey Rudakov/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Take our Survey

By Vildana Hajric and Emily Nicolle

January 20, 2022 at 3:45 PM UTC

This article is for subscribers only.

Sign up for our coming Crypto newsletter and follow @crypto Twitter for the latest news.

Russia’s central bank on Thursday proposed a complete ban on crypto mining and trading. Bitcoin’s reaction: No worries.