Putin criticized cryptocurrency

Russian President Vladimir Putin criticized cryptocurrency and stressed that the risks of its use were too large, because it was not secured. Such a statement president made at the investment forum “Russia calls!”, RIA Novosti reports.

However, according to the Russian leader, it is possible for the cryptocurrenation of the future and you need to carefully follow its development. “She is not secured, the volatility is colossal, so the risks are very big. We also believe that you need to listen to those who speak of those big risks,” he said. On the other hand, the president indicated that in some countries, cryptocurrency began to apply everything.

earlier, assessing the future crypt, Putin said that in the future they could become a means of accumulation. In 2020, the President signed a law on digital financial assets (Central3 Century) and digital currency, in which from 2021 it is possible to carry out transactions with cryptocurrency, but it is prohibited to use them as a means of means. At the same time, the CFA can be the object of pledge and purchase and sale transactions.

In November 2021, the Russian Prosecutor General’s Office proposed to recognize cryptocurrency and other virtual assets by property that falls into the framework of the Criminal Code. According to the Attorney General of Igor Krasnov, more crimes committed in the application of modern financial technologies are becoming more and more crimes. He is confident that the gaps in the legal regulation of the cryptoms contribute to the increase in their numbers. According to analysts, if the bill is accepted, it can lead to an outflow of a business.

/Media reports.