Russian Industry and Trade Minister Denis Manturov attends a session of the St Petersburg International Economic Forum on June 4, 2021. Photo: Reuters
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
Russian Industry and Trade Minister Denis Manturov attends a session of the St Petersburg International Economic Forum on June 4, 2021. Photo: Reuters
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