5 article The US government is banning the use by the Russian military of the digital currency Bitcoin.
The move comes after Russia banned its citizens from using the currency in 2016, but it appears that this is not the case.
A White House spokesperson said on Tuesday that the administration is concerned about the potential for cyber attacks that could result from the ban.
The US and Russia were in a “highly unusual” position on Bitcoin in 2016 and the administration was concerned about potential economic sanctions from Moscow that could potentially affect the use and growth of the cryptocurrency, the spokesperson said.
The spokesperson said that President Donald Trump is working to determine whether to lift the ban and if so, when.
“We are committed to protecting our citizens from financial and other cyber threats and are committed, as President Trump has made clear, to working with our allies to prevent and combat the most serious threats to US national security,” the spokesperson added.
This is not China’s first foray into the world of Bitcoin, which is not a regulated currency in the eyes of China’s government.
China is a major investor in Bitcoin exchanges and companies, including Bitcoin.com, the country’s largest Bitcoin exchange.
But there have been growing fears that China could take control of the currency and ban its use as a means of remittances.
China is currently in a standoff with the United States over whether or not it should allow Bitcoin to be used as a form of money in its economy.
It’s unclear if China will continue to allow the use as it has in the past, or if it will be able to maintain control over it as a currency.
Russia and China are not the only countries in the world where Bitcoin has been banned by their governments.
Last year, Bitcoin was banned in Russia and other nations for a year, with officials claiming that the currency is “an illegal money laundering vehicle”.
In May 2017, Russia banned Bitcoin for six months.
In November, the European Union banned Bitcoin, with the Russian government saying that it was using the digital cryptocurrency as a way to finance illegal activities.
Bitcoin is not regulated in any country in the Western world, and the digital coin is not subject to government oversight.
With its rapid rise in popularity, Bitcoin has become an attractive option for people who want to avoid banks and other payment processors.
It has a low cost and is easily transferable, making it ideal for remittance companies.