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Russian Central Bank still saying no to use of crypto in settlements

2022/11/10 11:35

According to Cryptonews, Russia’s Central Bank has thrown another spanner into the crypto adoption plans of the nation’s pro-business Ministry of Finance – by saying it still opposes the use of coins in settlements and “accounting” scenarios.
The state-run news agency Tass reported that the Central Bank’s staunchly crypto-skeptic Governor – the key Vladimir Putin ally Elvira Nabiullina – has made her stance on tokens clear once again. Nabiullina said she was “against the use of private cryptocurrencies in settlements – even though she said she was in favor of the “development of digital financial assets” and “the digitization of finance.”
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