The Russian Finance Minister hopes the government will assist in regulating crypto assets.
Russian Finance Minister Anton Siluanov said that the ministry does not want to ban cryptoassets like the central bank and expects the government to assist in how to regulate cryptoassets.
Russian Finance Minister Siluanov made a statement on crypto-asset regulations on Wednesday. In the statement, he said that they do not want to ban cryptoassets and that they have been arguing with the central bank for a year and a half about the need to regulate cryptoassets. Siluanov also added that they are waiting for the government to find a solution to this conflict now, and he made the following statements on the subject:
“We will go up and try to resolve these disputes… If we ban cryptocurrencies, we must ban the internet as well. We do not use the methods used by China.”
At the end of this week, the Ministry of Finance will present its proposal to the government on how crypto assets can be regulated.
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