Vladimir Putin Calls For Stricter Cryptocurrency Regulation

Vladimir Putin Calls For Stricter Cryptocurrency Regulation

Russian president Vladimir Putin reportedly said cryptocurrency could pose “serious risks” during a meeting in Sochi with the nation’s top finance officials on Tuesday. "Cryptocurrencies are issued by an unlimited number of anonymous bodies," Putin said, according to Radio Free Europe/Radio Liberty . "Thus buyers of cryptocurrencies could be involved in unlawful activities." Putin warned the group, which included Bank of Russia Governor Elvira Nabiullina and Finance Minister Anton Siluanov, that cryptocurrency could be used for money laundering, tax evasion and funding terrorism. However, many experts are still skeptical about claims cryptocurrency could have more nefarious potential than mainstream […]

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