Putin disagrees with Central Bank on Cryptocurrency ban
The head of Russia's Central Bank, Elvira Nabiullina, has recently said that cryptocurrency may be banned in Russia. Putin explained that the risks are foremost to the consumer ('volatility' - albeit the ruble is barely a stronghold of value 馃槄馃檮) and noted that Russia has a special position in the world when it comes to cryptomining.
- Six million Russians keep their savings in cryptocurrency. The total amount is several trillion rubles.
- Blockchain and crypto is a magnet for thousands of innovative people in business, especially young people.
- Russia is third in the world for digital currency mining. The argument is that it is not necessary to ban, where you can create an understandable legal system for regulation of cryptocurrencies.
The Central Bank is in consultation until 1 March 2022.
The head of Russia's Central Bank, Elvira Nabiullina, has recently said that cryptocurrency may be banned in Russia. Putin explained that the risks are foremost to the consumer ('volatility' - albeit the ruble is barely a stronghold of value 馃槄馃檮) and noted that Russia has a special position in the world when it comes to cryptomining.
- Six million Russians keep their savings in cryptocurrency. The total amount is several trillion rubles.
- Blockchain and crypto is a magnet for thousands of innovative people in business, especially young people.
- Russia is third in the world for digital currency mining. The argument is that it is not necessary to ban, where you can create an understandable legal system for regulation of cryptocurrencies.
The Central Bank is in consultation until 1 March 2022.
Putin disagrees with Central Bank on Cryptocurrency ban
The head of Russia's Central Bank, Elvira Nabiullina, has recently said that cryptocurrency may be banned in Russia. Putin explained that the risks are foremost to the consumer ('volatility' - albeit the ruble is barely a stronghold of value 馃槄馃檮) and noted that Russia has a special position in the world when it comes to cryptomining.
- Six million Russians keep their savings in cryptocurrency. The total amount is several trillion rubles.
- Blockchain and crypto is a magnet for thousands of innovative people in business, especially young people.
- Russia is third in the world for digital currency mining. The argument is that it is not necessary to ban, where you can create an understandable legal system for regulation of cryptocurrencies.
The Central Bank is in consultation until 1 March 2022.