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Duma Chair Says Bitcoin Can Only Serve as Investment in Russia

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Duma Chair Says Bitcoin Can Only Serve as Investment in Russia

Russia has once again drawn a clear line against the use of cryptocurrencies such as Bitcoin and Ethereum as payment instruments, even as domestic and global interest in digital assets continues to grow. Speaking to the state news agency TASS, Anatoly Aksakov, chairman of the State Duma Committee on Financial Markets, stated that cryptocurrencies will never be treated as legal currency in Russia.

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