RUSSIA IS NOT INTENDED TO BAN CRYPTO
Russia’s deputy minister of finance Alexey Moiseev has made some statements on the settlements in crypto still being prohibited for Russia citizens:
“At the same time, citizens can buy cryptocurrencies and use wallets outside the Russian Federation. It will remain so, I think. There are no plans to change anything yet.”- he said to reporters.
During a lecture at the MGIMO (Moscow State Institute of International Relations), fully dedicated to the digitalization of financial markets, Moiseev shared, that Russia do not plan to adopt crypto as a payment method anytime soon. When replying to questions from students, related to possibility of crypto payment options in the future he said government is concerned that “allowing crypto payments could lead to loss of control of authorities over money supply”.
