Cryptocurrencies
Government, Bank of Russia Clash Over Crypto
- Finance Ministry says crypto could bring foreign investment
- Government backs legal trading despite central bank concerns
An engineer holds a bunch of network cables at a mining farm in Norilsk, Russia.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
Sign up for our new Crypto newsletter and follow @crypto Twitter for the latest news.
The Russian government is pushing to permit cryptocurrencies in part to help attract foreign investment, even as the central bank warns they could be used for illegal activity.