Are Russia About To Regulate Bitcoin And Cryptocurrency?

Russian Bitcoin Regulation

The governor of Russia’s central bank is looking into ways to regulate the cryptocurrency sector and Bitcoin. Elvira Nabiullina even when as far to say that he did not believe it was even a real currency and should be considered a digital virtual asset. Using this assessment of Bitcoin he believe that regulation should be brought about to regulate it in accordance to its class.

In a CNBC interview Nabiullina said “We don’t consider that bitcoin can be considered as a virtual currency. It’s more digital assets with the regulation of assets. We have some doubts, we don’t see some huge benefits from introducing digital assets in our economy,”

Russia is exploring ways to regulate bitcoin , the country’s central bank governor has told CNBC, but sees “doubts” over the benefits of the cryptocurrency and even questions whether it should be considered a virtual currency at all. In an interview with CNBC, Elvira Nabiullina, governor of the Russian […]

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