This is stated in the report of the Central Bank for public consultations on the topic of cryptocurrencies.

“The Bank of Russia believes that the current scale and further spread of cryptocurrency mining in Russia carries significant risks for the economy and financial stability,” the regulator said.

Earlier, Bloomberg sources reported that the head of the Central Bank, Elvira Nabiullina, agreed to support the course for a complete ban on cryptocurrencies in Russia under the influence of the Federal Security Service.

In December, the Russian Prosecutor General's Office announced that it had developed regulations that would allow the arrest and confiscation of cryptocurrencies from illegal possession.