Therefore, the regulator does not support the development of such infrastructure. At the same time, citizens’ funds should work in the country’s economy, not in the cryptocurrency sphere, Danilova said.
<blockquote.
“Our position remains unchanged: we see the risks of citizens’ involvement in the cryptocurrency market and still believe that the development of any infrastructure will only increase these risks by making these products more widespread
James Whitfield is markets correspondent at BTCNews. He spent eight years on the equity desk at Bloomberg London before moving to digital assets in 2020, and now leads our daily coverage of spot prices, derivatives and ETF flows. James reads order books for breakfast and has been quoted in the Financial Times, CityAM and CoinDesk. He is a CFA Level III candidate and is based in the City of London.