The debate over Russia’s proposed cryptoban on trading and mining is picking up steam, with Telegram CEO Pavel Durov and Alexei Navalny’s chief of staff Leonid Volkov weighing in.
Russia’s recent ban on crypto has drawn criticism from a number of big names, including Alexei Navalny’s chief of staff Leonid Volkov, and Telegram founder Pavel Durov.on domestic crypto trading and mining. The report stated that the risks of crypto are “much higher for emerging markets, including Russia.”
“Such a ban will inevitably slow down the development of blockchain technologies in general. These technologies improve the efficiency and safety of many human activities, from finance to the arts.” Navalny is an opposition leader in Russia and founder of The Anti-Corruption Foundation . In August 2020, he was poisoned with the nerve agent Novichok. After recovering in Germany, he returned to Russia in January 2021 where he was arrested and has remained imprisoned since.
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