Russia’s central bank on Thursday proposed a complete ban on crypto mining and trading. Bitcoin’s reaction: No worries. The largest digital currency by market value rose as much as 4.2% to $43,463 during New York trading hours. That’s even as Russia, which houses roughly 10% of global Bitcoin mining activities, said digital assets bear the hallmarks of a pyramid scheme and could pose a threat to the country’s financial system. A proclamation by China last year -- which had earlier instituted a similar ban -- sparked a major selloff because it had been seen as a major regulatory move that affected a lot of mining ... (full story)