Is this the possible end of crypto currency as we know it?

Russia is considering banning crypto currency trading as it "encourages money laundering and terrorism"

Russia proposes ban on use and mining of cryptocurrencies

Russia's central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability,…

www.reuters.com

Quote from Splinter

Why should it be if it's only Russia, that famous bastion of democracy that's planning on banning it?

Others could follow suit

The bitcoin is crashing

Bitcoin price crash becomes even worse as crypto owners lose hundreds of billions | The Independent