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Saturday, October 7, 2017

Crypto News: Russian Ministry of Finance Proposes Inclusion of Cryptocurrency in the Government’s Financial Literacy Strategy

Russian Ministry of Finance Proposes Inclusion of Cryptocurrency in the Government’s Financial Literacy Strategy

Russia’s Ministry of Finance has proposed the inclusion of digital currency to the country’s financial literacy strategy for 2017-2023. The strategy was jointly developed by the government and the World Bank, TASS reports.

In his statement broadcast on the TV channel “Russia 24,” Minister of Finance Anton Siluanovexplained that the inclusion of the topic of virtual currency is necessary to bolster the financial literacy of Russians. Such move is prompted by the interest in cryptocurrencies in the country is growing, even among children.

“In the strategy to increase the financial literacy of Russians, it is necessary to include the topic of cryptocurrency. The question of investing in instruments such as cryptocurrencies will, of course, be discussed, and we now see more risks than recommendations on investing in such instruments. So, explaining the possible consequences of investing in unregulated instruments will be one of the issues with which we will speak for the current year and until 2023.”


Full story at http://bit.ly/2giG8XS


Source: CoinTelegraph


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