Why they want to ban cryptocurrencies...I Call BS....
A Russian business group has asked parliament to legalize the circulation of domestic cryptocurrencies only.
In addition to a number of undisputable advantages, any cryptocurrency has its flaws from which serious risks emerge. They claim among these disadvantages the lack of control over issuing and circulation, exchange rate unpredictability, insufficient security, anonymity and decentralization. Anyone with half a brain can see what they are trying to do here. Remember to draw your own conclusion. Don't just ride with mine or anyone else. I just think that this is verbal diarrhea because cryptos will free humanity from the shackles of bankers.
https://sputniknews.com/business/201710161058271012-russia-national-cryptocurrency-debates/
"Men are disturbed not by things, but by the view which they take of them"- Epictetus.
With all honesty,
The Humble Trader:)
Regulation is needed because criminals are exploiting cryptocurrencies hence no paper trials for investigators. Also Bitcoin prices are way to high, something is going on there.