The Russian telecom regulator, Roskomnadzor, is set to allocate over 23 billion rubles towards the development of artificial intelligence tools designed to bolster internet censorship. The material draws attention to the fact that this initiative is poised to have significant repercussions for cryptocurrency users in Russia, potentially restricting their access to international digital asset exchanges and mining pools.
Monitoring and Limiting Access to Banned Websites
The agency's plan involves leveraging machine learning technology to monitor and limit traffic to websites that are banned in the country. This could result in disrupted access to foreign-based cryptocurrency platforms, raising concerns among users about the future of their operations.
Concerns Over Future Regulations
Experts caution that while it may be premature to panic, the anticipated comprehensive regulations surrounding digital currencies could drastically alter the crypto landscape in Russia. As the government tightens its grip on internet access, the implications for the burgeoning cryptocurrency market remain uncertain.
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