The Bank of Russia is ready to support the idea to ban bitcoins to pay if it is legislated, as the regulator is convinced that cryptocurrencies carry significant risks.
As told RIA “news” in a press-service of the Central Bank, “the only legal tender in Russia is the ruble.” “We continue to believe that crypto currencies carry significant risks, including in the area of laundering of proceeds of crime and financing of terrorism, as well as conducting currency exchange operations due to the sharp exchange rate fluctuations,” — said the Bank of Russia.
Recall that on 10 October the Central Bank Chairman Elvira Nabiullina has compared the investments in the cryptocurrency game in a casino. In her opinion, those who bought bitcoin at the peak of its value, now at the very end of lost, and these investments are like a game in a casino. This opinion was expressed in Sochi at a meeting with participants of the youth program FINOdays.
“It’s really close to the casino, and we (the Bank — ed.) have studied this phenomenon, because it is mass — we see that the bitcoin invested by many — those who want very quickly and easily earn,” — said Nabiullina.
According to her, if you look at how the price moves cryptocurrency, “it’s such a swing, and of course the people who entered the cryptocurrency at the peak value, now lost very much.”
However, he warned the head of the Central Bank, “there is conventional wisdom that free cheese only in a mousetrap: easy money, quickly leave.”
We will add that in the course of trading on 22 November the price of bitcoin, the most expensive and popular cryptocurrencies in the world for the first time since may 17 fell below $7 thousand
The maximum historical value of this cryptocurrency was recorded in December 2017. Then the price for bitcoin topped $20 thousand, Then he collapsed to 41% and in the middle of January 2018 traded at a minimum (beginning of December) cost $12 thousand But then rose in price, reaching at the end of June the annual maximum value of $13 thousand 770.
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