Telegram CEO: Russia's crypto ban scares away IT brains

2022-1-22 20:02
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Pavel Durov, co-founder and CEO of messaging app Telegram, said on January 22 that Russia's cryptocurrency ban could affect many tech companies and wipe out IT professionals elsewhere. country. Without a developing country banning cryptocurrencies, Russia's crypto ban could slow the development of blockchain technology. Earlier, in a statement released on Thursday, the Central Bank of Russia pointed out that cryptocurrencies have pyramid characteristics, undermine the independence of financial regulation and pose a threat to the Russian financial system. (Bloomberg)

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The broader market has shifted this week and investors have been selling riskier assets, according to company analysis Jan. 22. The country also plans to buy into tougher regulations, with regulators in countries including the UK, Spain and Singapore imposing stricter rules on cryptocurrency promotion for unsuspecting investors. This week, the Central Bank of Russia announced a law prohibiting the use and mining of cryptocurrencies on Russian territory. (Hot corner)
2022-1-22 20:00