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| Crypto prices in pounds | Register Now. Its proponents hail bitcoin as free from the control of any authority and a competitor to the U. It remains to be seen whether Russia will increase its ownership of Bitcoin to evade sanctions. President Joe Biden's threat of sanctions against Russia � including cutting off the country's economy from much of the global financial system � might reinforce the case for bitcoin as "censorship-resistant money. The chairman of the State Duma Committee on Energy, Pavel Zavalny, suggested countries like China and Turkey would have the ability to settle cross-border transactions in yuan or lira, respectively. The new laws and directives are likely to come into force in the second half of or early , Kommersant said. |
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