Currency converter
^
All news
News Search Topics
ОК
Use filter
You can filter your feed,
by choosing only interesting
sections.
Loading

Central Bank backs restrictions on operations of external websites selling cryptocurrency

October 10, 11:16 UTC+3

The regulator considers all cryptocurrency derivatives to be a negative development on the Russian market

Share
1 pages in this article

MOSCOW, October 10. /TASS/. Russia’s Central Bank welcomes imposing any restrictions on operations of external websites that offer cryptocurrency sales, the regulator’s First Deputy Chairman Sergey Shvetsov said Tuesday.

"We consider all cryptocurrency derivatives to be a negative development on the Russian market and do not consider it possible to support it, and will even assume measures to restrict potential operations with such instruments made by the regulated part of the Russian market. Meanwhile, we assume efforts aimed at closing external websites that allow Russian citizens to acquire such assets together with the General Prosecutor’s Office," he said.

According to Shvetsov, the instrument carries high risks for Russian citizens and businesses. "We see Bitcoin gradually turning into an asset acquired for the purpose of obtaining a high yield in a short period of time, meaning it has signs of a financial pyramid," he said, adding that that the Bank of Russia is currently considering all attempts to create a risk-free possibility to acquire cryptocurrencies.

Show more
Share
In other media
Реклама
Partner News
Реклама