Crypto News: Bank of Russia Opposes Cryptocurrency Legalization, Worried About ‘Loss of Control’

Russian President Vladimir Putin met with representatives of the Russian business circles and associations on Thursday. The meeting was attended by over 50 business leaders, CEOs of leading companies, banks and public organizations.

At the meeting, Elvira Nabiullina, the head of Russia’s central bank, spoke out against the legalization of cryptocurrency in Russia. This was conveyed to journalists on Thursday by the president of OPORA Russia public association, Alexander Kalinin, according to Tass. Regarding cryptocurrencies, the central bank “opposed their legalization in the Russian Federation,” he explained, noting that:

"Elvira Nabiullina said that the central bank is against, because this is actually a loss of control over the money flows from abroad."

Full story at http://bit.ly/2jT1rDP

Source: Bitcoin News

 

 

 

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