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2 sourcesTracking since 15 Sept, 06:51

Bank of Russia flags crypto and stablecoins as financial market risk

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15 September
Latest15 Sept, 11:00
Russia Classifies Crypto as Major Risk to Monetary Sovereignty
The Bank of Russia’s latest draft policy document classifies cryptocurrencies and stablecoins as major financial market risks, citing threats to monetary sovereignty, potential complete losses for investors, and their role in enabling shadow markets. Central Bank Identifies Major Crypto Risks The Bank of Russia has categorized cryptocurrencies and stablecoins as major financial market risks in […]
Bitcoin.com News•Terence Zimwara
First seen15 Sept, 06:51
Bank of Russia flags crypto and stablecoins as financial market risk
The Bank of Russia has identified cryptocurrency use as a financial market risk, warning that stablecoins and other digital assets could increasingly be used by Russians as substitutes for the national currency. The central bank outlined the concerns in its…
Crypto.news•Rony Roy