Russian Crypto: “Foreseeable future is unlikely”

Russia Bank official o cryptoruble

The Deputy Governor of the Bank of Russia, Sergey Shvetsov stated, “The appearance of cryptoruble (national cryptocurrency) in the foreseeable future is unlikely.” He emphasized that until the demand for cryptos is largely connected with the bypass regulations, the regulator cannot permit the issue of cryptoruble. On the other hand, the Deputy Finance Minister addressed on the idea of using cryptoruble in cross-border payments.

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