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The Russian central bank stated that speculative demand primarily determined cryptocurrencies’ rapid growth and that they carried characteristics of a financial pyramid, warning of potential bubbles in the market, threatening financial stability and citizens. The bank has proposed to prevent financial institutions from carrying out any operations with cryptocurrencies and said mechanisms should be developed to block transactions aimed at buying or selling cryptocurrencies for fiat currencies. The proposed ban would include crypto exchanges. While relatively few Americans overall say they have ever invested in, traded or used cryptocurrencies, the vast majority of Americans have heard about them. Roughly nine-in-ten Americans (88) say they have heard at least a little about cryptocurrencies, including 26 who have heard a lot. https://cryptowp.org/ |
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