Moscow, Russia – Last Friday, Russian finance minister Anton Siluanov revealed that government wants to regulate cryptocurrency circulation involving Russian companies and citizens.

He elaborated that the purchase of cryptocurrencies is similar to buying buying treasury bonds for households, which was launched by the finance ministry earlier this year. He added that the state recognizes cryptocurrency as real, and thus only wants to regulate it.

However, Siluanov also warned against cryptocurrencies in a financial forum in Moscow. He said that it was risky and insecure, and investors should be aware of the risks.

 

Source: Reuters

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