Auto Added by WPeMatico

Putin Urges Government, Central Bank to Reach Consensus on Crypto, Highlights Russia’s Mining Potential

President Vladimir Putin has joined the debate on the future of cryptocurrencies in Russia, calling on the government and central bank to work out a common position on their regulation.…

Continue ReadingPutin Urges Government, Central Bank to Reach Consensus on Crypto, Highlights Russia’s Mining Potential

Putin Warns Cryptocurrencies Carry Risks, Admits They May Have Future

Russian President Vladimir Putin has again spoken about cryptocurrencies, noting the “high risks” associated with the virtual assets. However, the Russian leader has also acknowledged that digital currencies may have…

Continue ReadingPutin Warns Cryptocurrencies Carry Risks, Admits They May Have Future

Putin: Still Early but Crypto Can Be Used for Oil Trade Settlements, Store of Value

Accusing the U.S. of undermining the dollar through money printing and sanctions policy, President Vladimir Putin has admitted that cryptocurrency can be utilized for settlements in the future, although it’s…

Continue ReadingPutin: Still Early but Crypto Can Be Used for Oil Trade Settlements, Store of Value

Russia Not Ready for Bitcoin as Legal Tender, Putin’s Spokesman Peskov Says

Russia has no reason to recognize bitcoin, President Putin’s press secretary has noted after El Salvador became the first country to adopt the digital coin as legal tender. In a…

Continue ReadingRussia Not Ready for Bitcoin as Legal Tender, Putin’s Spokesman Peskov Says

Putin Orders Russian Government to Prepare to Check Officials With Crypto Assets

President Vladimir Putin has tasked several ministries and the central bank to prepare to verify information provided by government employees about their digital asset holdings. The order comes as part…

Continue ReadingPutin Orders Russian Government to Prepare to Check Officials With Crypto Assets