More than $92 billion assets held in 17 million wallets in Russia,Bank of Russia & FSB want to outlaw & put a far-ranging ban,Selling starts?

Sources say more than $92 billion of assets are held in about 17 million cryptowallets in Russia.

They also say the ban reflects the position of Russia’s powerful security services and prevent funds from going to the opposition

Bank of Russia Seeks to Outlaw Mining and Trading of Crypto
Central bank proposed a far-ranging ban in a report Thursday
Russia’s FSB is also pushing for a ban on cryptocurrencies

Sources say more than $92 billion of assets are held in about 17 million cryptowallets in Russia.

They also say the ban reflects the position of Russia’s powerful security services and prevent funds from going to the opposition t.co/nSqlYSqqPL

— Bloomberg Crypto (@crypto) January 20, 2022

h/t Dangerous Times