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Russia Classifies Crypto as Major Risk to Monetary Sovereignty

Josh1 min read

Bank of Russia building in MoscowThe 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 […]

Source: https://news.bitcoin.com/regulation-and-legal/russia-classifies-crypto-as-major-risk-to-monetary-sovereignty/

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