Vladimir Putin says cryptocurrencies 'bear high risks'
The remarks came at a time when the country's crypto regulatory framework remains underdeveloped. On Tuesday, Vladimir Putin, President of the Russian Federation, voiced his criticism at the "Russian Calling" investment forum in Moscow. According to local news outlet lenta.ru, the president made the following remarks, as translated by Cointelegraph:"It is not backed by anything, [and] the volatility is colossal, so the risks are very high. We also believe that we need to listen to those who talk about those high risks."Putin called for the greater monitoring and regulation of....
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