One the options on the table is to block card payments to certain recipients such as crypto exchanges, a media report has unveiled. A recent meeting at the State Duma has indicated, however, that the authority’s hardline stance is not backed by other government institutions in Moscow.
The monetary authority may try to oblige banks to stop transactions with certain Merchant Category Codes , four-digit numbers assigned to the recipients of payments depending on the services they offer. The code used for digital asset exchanges is 6051, the report notes. Mikhaylishin learned that the idea had been discussed from a central bank employee and the publication was able to confirm the information from its own source close to the CBR.
The group held its first meeting at the lower house of Russia’s parliament on Tuesday. During the discussions, Deputy Governor Olga Skorobogatova made it clear the regulator was not drafting a law that would ban cryptocurrencies but at the same time, she emphasized the CBR’s firm opposition to their circulation in the country.
The ministry’s press service commented to Forbes that banning cryptocurrencies now would create a lot of problems for Russians, as such a move would make their holdings illegal. Estimatesin Bank of Russia’s Financial Stability Overview for Q2 and Q3 of 2021 indicate that the annual volume of digital currency transactions made by Russian residents amounts to around $5 billion.
spikeinu crosschainswap NFT bigbomb 1000x tothemoon erc20 uniswap $SPKI wallet
hey bro, choose me if you wanna make more money, buy me now Spikeinu
Babydoge BabyDogeCoin BabyDogeArmy BabyDogeFamily BabyDogeArmyBR Babydoge1MillionHolder ToTheMoon 🚀🚀🚀
The irony is their oligarchs and Putin himself have large stores of it and Russia is 100% mining it, as that is their only chance at funding their country....
HEX users unaffected 💥👍🏻😏
Blockchain can be seen as an electronic ledger distributed on many different computers (decentralization), storing all your transaction information and ensuring that information cannot be changed. change in any way (transparency). Endlesswar Endlesswargame Metaverse
It’s a Fact Shiba is now the the No1 Crypto Worldwide - Please RT & Follow
Unless you are benifited by the crypto you don't understand the power of it. Blockchain
Why has crypto done to countries that some countries are stopping crypto investment.. for me crypto gave me all I have today
El Salvador will face an economic crisis
🚀Parabolic Token 🚀 The best multiplier gambling game on BSC! ✅Game Launching january 2022 ✅Insane Rewards ✅Well-known Dev ✅6 Figure Marketing Budget BUY SOME $PARA BEFORE WE MOON AT GAME LAUNCH ParabolicToken ParabolicToken Join our TG👇
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CryptoPanicCom - 🏆 563. / 51 Read more »
Source: DailyFX - 🏆 305. / 63 Read more »