Another warning from Russia.
The Russian Central Bank warned investors about the risk of investing in crypto money in a report released yesterday. According to TASS, the central bank's annual Financial Stability Report said it could lead investors to "significant losses". The report continued: "The task of national and transnational regulators is to minimize these risks by restricting the potential of high risk investments and transactions by developing a coordinated approach to regulating the cryptopoly market." Raporda also notes that cryptoprene units are particularly vulnerable to money laundering and terrorism could be used for financing. This is not the case with the central bank's negative attitude towards crypto currencies. Sergei Shvetsov, a deputy governor, said last month that internet sites outside Russia would be banned from selling weapons to Bitcoin within the country. In other words, these interpretations were interpreted as part of Russia's explicit efforts to restrain Bitcoin activities in the country. In September last year, his minister and finance minister Alexey Moiseev said he expects all government bills to be banned by the national government. It seems that Bitcoin's rise in the last few months has not changed the negative atmosphere of Russia. Maybe in the next century the paper money will totally get up and leave the place cryptographically. As the world moves in this direction, we will learn together in future Russia that Bitcoin will not be banned or prohibited.