The capital controls are in addition to Russia demanding ruble-payments for natural gas supplies from European nations, as well as forcing exporters to sell foreign-exchange holdings. The Russian ruble has turned into the world's best-performing currency this year, as its onshore rate is up more than 11% against the US dollar so far in 2022. Amid wartime sanctions, Moscow has imposed capital controls to prop up its economy and currency. Benchmark…

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For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks. Once recorded, the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks, which requires collusion of the network majority. A cryptocurrency, crypto-currency, or crypto is a collection of binary data which is designed to work as a medium of exchange. Cryptocurrencies are generally fiat…

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