The central bank of Russia is skeptical about cryptocurrency acquisitions and does not support expanding access to the cryptocurrency market for Russian investors, the bank’s deputy chairman told Prime business news agency this week. The Central Bank of Russia is skeptical about cryptocurrency investments. The central bank of Russia is skeptical about cryptocurrency acquisitions and does not support expanding access to the cryptocurrency market for Russian investors, the bank’s deputy chairman told Prime business news agency this week. One of the leaders of the international banking forum „Banks of Russia-XXI century” explained: As for buying [cryptocurrency] for investment purposes, we are skeptical about this idea. We believe that this is different from traditional assets, very risky and has signs of a pyramid scheme. Shvetsov repeated the „clear position” of the Central Bank that the only currency of the Russian Federation is „the ruble in any form, not in any form.” Alternative mo
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