Nikolai Arefyev, First Deputy Chairman of the State Duma Committee on Economic Policy, Industry, Innovation and Entrepreneurship, suggested that bitcoin should be banned in every part of the world, and those people who propagate it should be prosecuted as speculators.

“Cryptocurrency should not exist at all. It interferes the development of commodity production. And making money out of money is detrimental to the entire population of the earth. Those who work in this market are speculators,” the parliamentarian said.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: