Despite Vladimir Putin’s request, the Bank of Russia and the Finance Ministry did not shake hands on a single solution regarding cryptocurrency regulations. While some reports indicated that the largest country by landmass will not ban digital assets, it is still uncertain what legislation it will impose.
No Resolution After the Meeting
The central bank of Russia and the Finance Ministry share quite different viewpoints on the digital asset space. Last month, the former proposed a complete ban on all cryptocurrency endeavors claiming that such assets remind of a pyramid scheme and threaten the local monetary system.
On the other hand, the Ministry of Finance suggested that imposing a regulatory framework could be more beneficial. Ivan Chebeskov – Director of the Department of Financial Policy – further noted that the world has become “virtualized,” meaning Russia should embrace cryptocurrencies and not fall behind.
The nation’s President – Vladimir Putin – stood between
We współpracy z: https://cryptopotato.com/russias-top-officials-failed-to-reach-an-agreement-on-how-to-regulate-crypto-report/
