Vladimir Putin: "Cryptocurrencies in Russia have the right to exist" – Bits Media

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Russian President Vladimir Putin expressed his opinion on the potential possibility of calculations in cryptocurrency at the Russian Energy Week international forum in Moscow.

In an interview with CNBC channel, Vladimir Putin said, that "cryptocurrencies have the right to exist and can be used for calculations", However, for Russia this time has not yet come.

“For that, to transfer funds from one place to another - yes, but trade, especially, Trading energy resources, In my opinion, This is still premature ", - said Putin.

The head of state explained, that cryptocurrencies are not provided and unstable. Therefore, prematurely consider them as a calculated tool in oil trade, primary materials or energy sources.

At the same time, he once again noted, that cryptocurrencies are developing and “have the right to that, To exist ".

Earlier, Deputy Minister of Finance of Russia Alexei Moiseev, voiced the position of the government of the country and said, that in the foreseeable future in Russia, cryptocurrencies will not be accepted as a payment fund, but it is not planned to prohibit the purchase and possession of such assets.