Forbes Writer Says “Russian Central Bank Puts Its Foot Down On Crypto-Currency”

A Forbes contributor named Kenneth Rapoza has reported his opinion on forbes.com regarding the latest updates on Russia’s central bankers and the cryptocurrency industry. He wrote:

“Although the National Settlement Depository (NSD) of the Moscow Stock Exchange is working on building the infrastructure to allow for bitcoin and other digital currency trading on the exchange someday, Russia’s central bankers still think it’s a bad idea.”

Read the full post here: https://www.forbes.com/sites/kenrapoza/2017/09/05/russian-central-bank-puts-its-foot-down-on-crypto-currency/#1c9bf19a1691


The Hype And Rumors VS The Markets

Even with the latest reports on China putting a ban on “aircoin” ICOs and the latest rumors and opinions about the Russian central bankers that “think it’s a bad idea” the cryptocurrency markets are still growing. All of the top 10 cryptocurrencies have gone up in value today and it seems that the markets are rebounding from the Bitcoin sell off earlier this week. Current crypto Market Cap is: $161,674,107,371. Speculations aside, the reality is that Russia and China rumors and / or bans are not hurting the crypto markets and they seem to be doing fine! Screenshot from coinmarketcap.com:

screenshot-coinmarketcap