April 28, 2024

Market news | The Central Bank of the Russian Federation does not propose to ban the possession of cryptocurrencies in Russian jurisdiction - the head

The Central Bank of the Russian Federation does not propose to prohibit the possession of cryptocurrencies in Russian jurisdiction - the head of the department.

Responsibility for transactions with crypto-currencies is being discussed, perhaps these will be fines - the Central Bank of the Russian Federation.

All countries, including Russia, have adopted goals forachieving carbon neutrality, to reduce greenhouse gas emissions. We see that cryptocurrencies, their mining, contribute to an increase in the carbon footprint and thus cast doubt on the risk of achieving such goals.

— Director of the Financial Stability Department of the Bank of Russia Elizaveta Danilova

The Central Bank said that cryptocurrency mining will hinder the achievement of carbon neutrality goals - Economy and Business - TASS (tass.ru)
The Central Bank does not propose to ban the ownership of cryptocurrencies in Russian jurisdiction - Economics and business - TASS (tass.ru)