Russian Industry and Trade Minister Denis Manturov attends a session of the St Petersburg International Economic Forum on June 4, 2021. Photo: Reuters
Russia to legalise cryptocurrency for payment ‘sooner or later’, minister says, after central bank proposed ban
- Industry and Trade Minister Denis Manturov said the question for Russia is how cryptocurrency will be regulated, which the government is working to address
- The central bank previous proposed a ban on cryptocurrencies and bank officials have cited concerns regarding financial stability
Russian Industry and Trade Minister Denis Manturov attends a session of the St Petersburg International Economic Forum on June 4, 2021. Photo: Reuters