Russia bans investments in cryptocurrencies? News: Central bank position unfair towards all strikes.

According to a Reuters report, two financial sources close to Russia's central bank said the bank was concerned about the rise of the local cryptocurrency market that could affect financial security if the situation continues. , which is why we try to prevent the public from investing in cryptocurrencies.

After the news broke, Bitcoin fell to $ 48,656 from around $ 49,144 yesterday (16th) and returned $ 47,824 at the time of the press release.

Russia has always been skeptical of cryptocurrencies, claiming that crypto assets can be used for laundering and hacking. Last year Russian President Vladimir Putin signed and adopted the "Digital Financial Assets Act" (DFA). Cryptocurrencies are legal assets, but they also prohibit people from using cryptocurrencies as a form of payment and putting them in digital wallets. . Confidential deposits are prohibited. .

The latest news indicates that the Russian Central Bank is currently in talks with industry players and experts over cryptocurrency restrictions. A financial institution, which requested anonymity, said the restriction could apply to new cryptocurrencies if approved by lawmakers, but not to the previous purchase of cryptocurrencies.

Russia's central bank is in trouble

Another source close to the Central Bank of Russia said that the central bank's current stance favors rejection of all cryptocurrencies.

In response to Reuters' request for comment, the Russian central bank said it had not disclosed the details and was preparing a press conference to present the bank in the midst of the problem.

Now the Central Bank of Russia is preparing to introduce the digital ruble, and in response to global changes, it will establish CBDC (Central Bank Digital Currency) to improve the financial system, make payment quickly, and counter threats from other crypto currencies.

IMF: There is a real problem with cryptocurrency restrictions

The Russian Ministry of Finance has indicated that the Russians invest in cryptocurrencies annually for around $ 5 billion. Ksenia Yudaeva, the first deputy director of the Central Bank of Russia, said earlier this month that the growth of cryptocurrencies had raised concerns about financial risk. Speaking about China's knowledge of cryptocurrency regulation, he said Russia needs to review its cryptocurrency regulations.

However, Gita Gopinas, chief financial officer of the International Monetary Fund (IMF), recently revealed that many countries around the world have regulated different attitudes towards the cryptocurrency market. , each tries different ways to contact them. As many cryptocurrency exchanges operate overseas and are unregulated, the country needs to adopt a common policy.