28 May '17, 4pm

Russian Bankers Push to Legalize Cryptocurrency

Russian Bankers Push to Legalize Cryptocurrency

Russian bankers released a statement May 26, saying that cryptocurrency should be legalized for circulation. This message comes from German Gref, who is head of the Russian Sberbank . Gref said there needs to be an honest and intelligible conversation about cryptocurrencies, because attempts to ban it have only caused problems in the past. Also read: Japanese Internet Giant GMO Postpones Launching Bitcoin Trading Platform A Russian news article mentioned Greff’s commentary: “Gref stressed that they now engage in a constructive dialogue about cryptocurrency, the Central Bank are trying to understand – what is it and what to do next. ‘Attempts to introduce bans will only lead to the loss of existing competitors,’ said the head of the financial institution.” Cryptocurrency May Become “Digital Product” in Russia In another article by the same Russian news outlet, the Russian g...

Full article: https://news.bitcoin.com/russian-bankers-push-to-legalize...

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