Vladimir Putin: Cryptocurrency Poses 'Serious Risks'

Vladimir Putin: Cryptocurrency Poses ‘Serious Risks’

Russian president Vladimir Putin said in a meeting today that cryptocurrencies pose significant risks related fraud and money laundering. Quoted by Russian state news service TASS, Putin was speaking during a meeting that was focused on the subject of cryptocurrencies and financial tech more broadly. In the meeting, he formally voiced his support for new rules around cryptocurrency trading, stating that Russia should look to international examples as a guide when developing those regulations. Indeed, the meeting represents some of Putin’s most comprehensive comments on the subject to date. He first spoke about cryptocurrencies in the summer of 2015, […]