Russian Central Bank Warns Government Against Cryptocurrencies

Elvira Nabiullina, Governor of the Central Bank of Russia, stated that as the central bank, they maintain their stance against cryptocurrencies and the government on the risks He said they would try to persuade him.

In Russia, where the pros and cons of cryptocurrencies continue to be discussed, the central bank, the government poses a risk trying to persuade him.

Elvira Nabiullina, in her statements on the subject, “We will do whatever it takes to get the government to further examine the arguments we have presented. We see very serious risks here.” said.

Ministry of Finance, a legal regulation to be brought to cryptocurrencies it might be useful Although he thinks that, this view does not find an echo on the side of the Central Bank.

Central Bank Governor, cryptocurrencies in particular financial stability saying that it carries a risk in terms of “Even though the Ministry of Finance talks about the advantages of regulating cryptocurrencies, we find it confusing. What is puzzling is that the Ministry of Finance has not responded regarding the risks we are talking about.” said.

A legal regulation to be brought to the crypto money market, can increase tax revenues However, Nabiullina weighed in on the pros and cons of such an arrangement. that you weigh heavily is thinking.

Statement by the Governor of the Central Bank, “The idea that more taxes can be collected by legalizing cryptocurrencies, I think can be done with cryptocurrencies. illegal transactions and that to tax evasion It means ignoring what it might lead to.” was in shape.

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