Ministry of Finance opposed the use of cryptocurrency in Russia

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Russian Finance Minister Anton Siluanov opposed the use of cryptocurrencies for domestic payments due to the lack of control by regulators. writes about this RBC.

Siluanov also said that the Ministry of Finance and the Bank of Russia agreed to discuss the issue of cryptocurrency mining in the country soon.

“I am sure that we will reach an agreement with the Central Bank. This issue has been discussed for several years. We cannot ban the circulation of cryptocurrencies. Therefore, we need to organize this channel. “I believe we will find a solution,” the minister said.

The day before the Central Bank of the Russian Federation appreciated Experiment with digital rubles. The head of the organizer, Elvira Nabiullina, answered the question of the socialbites.ca correspondent at a press conference, stating that the pilot project should be expanded. She also talked about the Russians’ attitude towards the national virtual currency.

Former crypto expert named Bitcoin will hit bottom in 2024.

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