Russian authorities draw up 'road map' to regulate cryptocurrencies -document


FILE PHOTO Representations of the virtual currency Bitcoin and Ethereum stand on a motherboard in this picture illustration taken May 20 2021. REUTERSDado RuvicIllustrationFile Photo

FILE PHOTO: Representations of the virtual currency Bitcoin and Ethereum stand on a motherboard in this picture illustration taken May 20, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

MOSCOW (Reuters) - Russian authorities have drawn up a 'road map' that envisages restrictions on cryptocurrencies but not a complete ban as advocated by the central bank, a document seen by Reuters showed on Friday.

Politicians have pressed for a change of tack by the central bank, which has proposed restricting cryptocurrency trading and mining because of concerns it may cause financial instability.

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