Elvira Nabiullina, President of the Central Bank of Russia, reiterated her negative approach to cryptocurrencies in a statement today.
The head of the Central Bank of Russia, who criticizes cryptocurrencies in every statement, underlined that they still see cryptocurrencies as a financial threat.
Stating that the development of cryptocurrencies day by day will be a threat to financial stability, Elvira Nabiullina said that she will continue to discuss this issue with the Russian Ministry of Finance.
Stating that Russian citizens are getting more and more involved in the crypto money market, the head of the central bank stated that this situation shows that an immediate decision should be taken.
President Elvira Nabiullina stated that they want fewer Russian citizens to be involved in the cryptocurrency market.
Russia’s Cryptocurrency Studies!
According to the latest information reported by Russian local news sources, it was stated that Russia can officially recognize cryptocurrencies as money.
According to Glen information, the Central Bank of Russia and the Russian government will reach an agreement on cryptocurrencies and clear decisions will be made on this issue.
Because Russian President Vladimir Putin stated in his statements about cryptocurrencies that he is not against cryptocurrencies if regulations are made.
Despite Putin’s warm approach, the Central Bank of Russia maintained a strict stance against cryptocurrencies and said that cryptocurrencies should be completely banned in the country.
However, in this regard, studies are being carried out on the future of strict regulations and inspections in crypto money transactions, as supported by Putin in Russia.