The Bank of Russia in order to reduce the threats due to the spread of cryptocurrency, proposes to prohibit the release, mining and circulation in Russia, follows from the regulator report, reports TASS.
“The status of a Russian ruble, which is not a reserve currency, does not allow to apply a soft approach and ignore risks in Russia. In our opinion, additional measures are appropriate,” the document says.
So, “in order to reduce the threats due to the spread of Cryptovalut,” the Bank of Russia proposes to make a number of changes to the legislation: to introduce a ban on the organization of the issue and (or) issue, the organization of the treatment of cryptocurrencies in Russia, to invest financial organizations in cryptocurrencies, For the use of Russian financial intermediaries to carry out operations with cryptocurrencies, as well as for mining cryptocurrency.