Russian Central Bank Trying to Find Out How Much Invested in Cryptocurrencies

The Central Bank of Russia is conducting a survey to measure the total volume of investments in cryptocurrencies across the country.

Central Bank Financial Stability Director Elizaveta Danilova, in an interview on Thursday, said that cryptocurrencies in Russia how much is invested He said that they started a study to make a prediction about it.

“The level of transparency of this market in our country and in other countries very low. both its data and citizens about the risks of such investments. to raise awareness We have to work on it.”

Russia’s purchase of cryptocurrencies whether to ban Danilova, who did not make a direct statement on “through foreign intermediaries” can invest and that “big risks” stated that.

“People find extreme volatility in bitcoin and other instruments attractive, and unfortunately many simply don’t understand the risks of it. to make easy money it works.”

Russian President Vladimir Putin said in his statements this week that cryptocurrencies will not yet replace the dollar in oil trade, but that they will become one over time. “accumulation tool” He said it could be used as a


Image: Alina Kuptosva, Flickr (image modified by Koin Bulletin)

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