Speculation

The State Duma, the lower house of the Federal Assembly of Russia is a very powerful institution, with the right to approve bills and laws. One of its members has claimed that bitcoin must be prohibited all over the world.

Major Chinese authorities have increased their pressure on domestic crypto operations in the last few weeks.

A civil servant who had been keeping control on cryptocurrency and taking steps against its speculation joined the majority on Sunday, February 18, a government spokesman reported. The unfortunate man is thought to have experienced a heart attack in his sleep.