Proposed blanket ban on use/creation of crypto

Note: I know nothing about cryptocurrencies and have no idea if this is really breaking or important!

BREAKING: The central bank of Russia, the third-biggest crypto mining nation in the world, proposed a blanket ban on the use and creation of all cryptocurrencies domestically.

Here’s a Reuters article in case you can’t access Bloomberg…
–Russian proposes ban on cryptocurrency use
–Regulator warns of risks to financial stability
–Analysts say wider impact negligible for now
–Ban on cryptocurrency exchanges also proposed