Russia sees crypto as ‘necessary evil’ ...News

Moscow could permit some digital coins despite the apparent risks, the Finance Ministry says Russia’s Finance Ministry has warned about the dangers of investing in cryptocurrencies, although it acknowledged that digital assets could be useful in certain situations. Deputy Finance Minister Aleksey Moiseev described cryptocurrencies as “an evil,” adding that the Bank of Russia shares a similar view. “Crypto as a whole, of course, is an evil, and I believe that people who invest their savings in it are very much at risk... But there may be specific situations where crypto may be useful,” Moiseev told a banking confe

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Russia sees crypto as ‘necessary evil’ ...News

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