Denis Manturov, Minister of Industry and Trade of Russia, spoke about the cryptocurrency markets. Manturov said that cryptocurrencies will one day become legal and become a means of payment. According to the Russian minister, everyone is aware of this.
There has been a remarkable development regarding the crypto money markets, which has made investors think badly due to their ups and downs in recent times. Denis Manturov, Minister of Industry and Trade of Russiamade an important debut about cryptocurrencies in a forum he attended. Manturov, cryptocurrencies one day it will definitely be legal and that it will be used as a means of payment. The Minister stated that everyone is aware of this ‘future’.
The statement made by Russian Industry and Trade Minister Denis Manturov is suitable for all kinds of consequences for the markets. Because all governments already exist for cryptocurrencies. they have accepted and working on legislation. In other words, we can say that we are very close to seeing cryptocurrencies as an official payment tool. However, in the last statement, the attitude of the world towards Russia should not be overlooked. war on ukraine Because of this, everyone from ordinary people to governments turned their back on Russia. Russia’s support for a particular cryptocurrency may also result in that currency being excluded from the rest of the world.
There is a dispute between the Russian government and the Central Bank of Russia
Russia is one of the countries that have been discussing cryptocurrencies for a long time. In fact, at this point, the open discussion between the government and the Central Bank of Russia disagreements there is. While the Russian government and Russian President Vladimir Putin are warm to cryptocurrencies, the Central Bank does not give a positive opinion on this issue. Speaking about these disagreements, Manturov said that the government and the Central Bank of Russia that you can take action to resolve the dispute told.
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The statement made by the Russian minister is currently in the markets. did not take effect. Bitcoin, which has been performing with ups and downs for days, as of the time of writing this article. 29 thousand dollars trading levels. Altcoins, on the other hand, cannot recover due to the volatility in Bitcoin. We will see together what will happen in the next process…
Source :
https://www.reuters.com/business/finance/russia-could-legalise-cryptocurrencies-means-payment-industry-minister-2022-05-18/