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Russia’s Central Bank Instructs Clearinghouse Not to Settle Cryptocurrency Contracts

The Central Bank of Russia has sent a letter to one of the country’s biggest clearinghouses, instructing them to refuse to clear and settle over-the-counter (OTC) contracts based on cryptocurrencies. The clearinghouse has been named as a partner to multiple initial coin offering (ICO) projects. Also read: Russia Proposes Adding Cryptocurrency to the Population’s Financial Literacy […]
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