The head of the Bank of Russia, Elvira Nabiullina, speaking in the State Duma, said that the Russian financial system
Discuss
According to Nabiullina, "private" cryptocurrencies should not be used for settlements. The main problem is that it is not clear who and how is responsible for these processes.
“We stand for the development of digital financialassets and digitalization of finance, and our financial system in this sense is quite advanced… But our position is that private cryptocurrencies - for which it is not clear who is responsible, how they are responsible, which are not transparent, have high risks of volatility - should not be used in calculations,” noted the head of the Bank of Russia.