April 27, 2024

The Central Bank can follow the Chinese scenario and prohibit cryptocurrencies

According to Reuters, the Bank of Russia wants to ban Russians from investing in cryptocurrencies due to the growing number of cryptocurrenciestransactions that are not risky for the stability of the existing financial system of the country.

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According to the estimates of the leadership of Elvira Gabiullina, the volume of operations of the Russian nation with digital currencies is $ 5 billion annually, and the bitcoin is a pirate

If such a ban is approved by the StateDuma, then its actions will be extended to new purchases of cryptocurrencies. However, according to data obtained by Reuters, from unnamed sources close to the Central Bank, the current position of the regulator is a complete prohibition of the crypt over the Chinese scene.

The press service of the Central Bank did not confirm, but neither did the planned ban.

“We answer your request in general that we are preparing a consultative report on cryptocurrencies, where we will reflect our position,” - the press service of the Central Bank reported.

The financial regulator has set a ban oninvestment funds by private equity securities can go according to the Chinese scene and prohibit cryptocurrencies by funds (UIF), including those that are included in the inventory

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