{"id":54993,"date":"2021-12-20T19:57:08","date_gmt":"2021-12-20T17:57:08","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=54993"},"modified":"2025-09-03T23:12:30","modified_gmt":"2025-09-03T20:12:30","slug":"bank-of-russia-sees-no-room-for-cryptocurrencies-in-the-russian-financial-market","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bank-of-russia-sees-no-room-for-cryptocurrencies-in-the-russian-financial-market\/","title":{"rendered":"Bank of Russia sees no room for cryptocurrencies in the Russian financial market"},"content":{"rendered":"<p>The Bank of Russia intends to regulate by statute the rules governing the circulation of cryptocurrencies, Deputy Chairman Vladimir Chistyukhin said, <a href=\"https:\/\/tass.ru\/ekonomika\/13248893\">\u00ab\u0422\u0410\u0421\u0421\u00bb<\/a> reports.<\/p>\n<p>He said the central bank believes that residents of the Russian Federation and business representatives may own and store cryptocurrency, but not through domestic infrastructure or intermediaries.<\/p>\n<p>Chistyukhin stressed that the central bank will present a more detailed position on crypto assets in a separate document in the near future:<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\\&#8221;In this report, our approaches related to the place for cryptocurrency that we see in the Russian financial market will be presented. A hint \u2014 we do not see a place for cryptocurrency in the Russian financial market.\\&#8221;<\/p>\n<\/blockquote>\n<p>Earlier reports, citing sources close to the regulator, said the Bank of Russia <a href=\"https:\/\/u1f987.com\/en\/news\/media-reports-on-plans-by-russias-central-bank-to-ban-investments-in-cryptocurrencies\">plans to ban investments in cryptocurrencies<\/a> due to risks to financial stability. Bank head Elvira Nabiullina <a href=\"https:\/\/u1f987.com\/en\/news\/nabiullina-the-central-bank-does-not-back-investments-in-cryptocurrencies-due-to-their-opacity-and-volatility\">emphasized<\/a> that the central bank does not support investments in such assets.<\/p>\n<p>Follow ForkLog&#8217;s bitcoin news on our <a href=\\\"\/\/telegram.me\/forklog\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of Russia intends to regulate by statute the rules governing the circulation of cryptocurrencies. This was stated by Deputy Chairman Vladimir Chistyukhin.<\/p>\n","protected":false},"author":1,"featured_media":54994,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[345,1451],"class_list":["post-54993","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bank-of-russia","tag-bitcoin-regulation-in-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/54993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=54993"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/54993\/revisions"}],"predecessor-version":[{"id":54995,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/54993\/revisions\/54995"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/54994"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=54993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=54993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=54993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}