Russia to ban cryptocurrency trading after China.

https://sg.finance.yahoo.com/news/russian-central-bank-ban-websites-offering-crypto-currencies-084024434--business.html

This will definitely reduce money laundering for Russian.  Cryptocurrencies are mostly used for money laundering instead of proper commercial transactions.  Therefore, it will be a matter of time for cryptocurrencies to implode in the future.

https://www.coindesk.com/ex-imf-economist-kenneth-rogoff-joins-bitcoin-will-collapse-chorus/