Russian finance ministry official calls for crypto regulation, not restriction
Russian Finance Ministry official Ivan Chebeskov has opposed the proposed ban of cryptocurrency operations in Russia. In surprising comments made by the Russian director for financial policy, Russia could be softening its stance toward crypto. Ivan Chebeskov, a director within the Ministry of Finance, has come out in support of regulating crypto rather than banning it.His support is a response to the Russian central bank proposing a blanket ban on crypto mining and trading.According to Chebeskov, banning cryptocurrency operations and mining will lead to the country lagging behind the....
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