On Friday, William Suberg reported on news out of Russia that the country’s Ministry of Finance has put forward a ban on the use of digital currency, and the implementation of fines as an appropriate deterrent. “It is expected to include penalties for the use and creation of methods of generating cryptocurrencies, specifically 50,000 rubles (US$1,260) for individuals, 100,000 rubles (US$2,507) for officials and up to one million rubles (US$25,200) for businesses.” On Wednesday, […]
