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Russia proposes ban on crypto use, mining - Business News - Latest World English NewsBy far, last month's most debated issue has been the cryptocurrencies' potential role as a means to evade Western financial sanctions against Russia. Russia President Vladimir Putin has signed a law banning digital payments across the nation, according to a policy amendment on Thursday. The. The prohibition means that no new services and/or accounts are allowed and existing services top.bitcoinmotion.shop accounts must be closed. In the latter case.