Skip to content Skip to sidebar Skip to footer

Russian Finance Minister Anton Siluanov said that cryptocurrencies should not be banned.

Russian Finance Minister Anton Siluanov recently spoke about cryptocurrencies. Siluanov said that it would not be a good idea to directly ban the cryptocurrency sector, and that a more constructive approach should be taken.

Minister Siluanov emphasized that regulating the cryptocurrency sector would be more sensible than banning it, and stressed the need to focus on what can and cannot be done with cryptocurrencies.

He also stated that an agreement would be reached with the Central Bank of Russia, which has been the subject of discussions for several years:

I am sure we will reach an agreement with the Central Bank. This issue has been under discussion for several years. We cannot ban the circulation of cryptocurrencies. Therefore, we need to regulate this channel. I am confident we will find a solution. We need to discuss what can and cannot be done with cryptocurrencies.

On the other hand, he mentioned an agreement with the Central Bank regarding cryptocurrency mining without providing further details:

We have reached an agreement with the Central Bank to discuss whether the results of this process can be used for domestic and international settlements.

Leave a comment

Email

Email

BTC Trader PRO © 2024. All rights reserved. Hosted by FibaCloud.com

BTC Trader PRO © 2024. All rights reserved. Hosted by FibaCloud.com