The Central Bank of Russia Bans Mutual Funds From Investing in Cryptocurrencies

Russia has recently re-emphasized its stance in regards to cryptocurrencies, and other, related digital assets. In a statement put out on Monday, the Central Bank of Russia has proclaimed that it would ban mutual fund managers from purchasing cryptocurrencies, or any extensions of cryptos – namely, any financial instruments whose price would depend on digital assets.

Leave a Reply

Your email address will not be published.

Share to...