Telegram Founder Criticizes Idea of ​​Banning Cryptocurrencies in Russia

of the Central Bank of Russia ban the use of cryptocurrencies Pavel Durov, one of the founders of Telegram, also joined the names that reacted to his proposal.

Durov mentioned the negative consequences of Russia’s ban on cryptocurrencies in a post on Telegram.

Durov, co-founder of messaging app Telegram, said that a ban on the use of cryptocurrencies would harm the blockchain industry in Russia and will cause a brain drain told.

“While the Central Bank of Russia recommends a complete ban on cryptocurrencies, it actually proposes to burn the age in addition to the exchange rate. Such a ban; Not only will it not stop malicious people, it will also bring an end to legal projects working in this field in Russia.”

The Central Bank of Russia, published on cryptocurrencies, “Cryptocurrencies: Trends, Risks and Precautions” in its report entitled speculative structures fully addressing the use of cryptocurrencies to be banned had suggested.

Durov, rather than ban Russia’s use of cryptocurrencies “consciously regulate” in the world of cryptocurrencies and blockchain one of the leading countries argues it might.

Leonid Volkov, the deputy of Russia’s opposition leader Aleksei Navalny, was one of those who opposed the central bank’s proposal. Volkov, in his Telegram post on January 20, stated that it is necessary to completely ban the use of cryptocurrencies. “impossible” saying that the Central Bank of Russia “to oppose technology and technical progress” criticized.

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