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«Turkey stood out as a viable possibility as a end result of its geographical location, its developed market and banking system, but in addition due to its place neutral towards Russia and Ukraine,» Furatoglu said. While the holding or trading of cryptocurrency property is not yet prohibited in Kosovo, the federal government introduced a ban on crypto mining in early January, blaming a growing power disaster. While crypto isn’t outlawed in Russia, there was till lately a conflict being waged against its use. Now, it’s being seen as some as a saviour to assist the nation evade heavy financial sanctions imposed by the West.
