crypto News The Central Bank of the Russian Federation supported the idea of ​​digitalizing finance without bitcoin payments

The Central Bank of the Russian Federation supported the idea of ​​digitalizing finance without bitcoin payments

The Central Bank of the Russian Federation supported the idea of ​​digitalizing finance without bitcoin payments

The Bank of Russia once again opposed the use of cryptocurrencies in the calculations. This was reported by TASS with reference to the statement of the head of the Central Bank Elvira Nabiullina.

According to her, the regulator advocates the development of digital financial assets and modern technologies, but they should not only be reduced to cryptocurrencies.

“We did not change the position on the fact that private cryptocurrencies are not clear who and how they answer, which are opaque and carry great risks of volatility – were not used in calculations,” said Nabiullina.

At the same time, the head of the Central Bank noted that the digitalization of finance can help the Russian Federation trade with foreign partners.

Recall that the Ministry of Finance of the Russian Federation wants to allow international calculations in cryptocurrencies for any industries without restrictions. The initiative will require coordination with the Central Bank. Mosbirzh or St. Petersburg Exchange may act as service centers for transactions.

Against the background of tightening sanctions, Russian companies partially switched to cryptocurrency calculations, despite the lack of regulation.

Until December 19, the government instructed to prepare proposals for the development of cryptocurrencies and digital ruble agreed with the Central Bank.

The roadmap should include the provisions governing mining and circulation of digital currency in the country, as well as its use https://gagarin.news/news/miner-service-stops-in-russia-flex-pool-statement/ in international calculations.

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