Russian Government Minister: It's 'Impossible' To Ignore Cryptocurrencies

in cryptocurrency •  7 years ago 

Russian Government Minister: It's 'Impossible' To Ignore Cryptocurrencies.

Mikhail Abyzov, who was appointed Minister for Open Government in 2012, made the remarks during an interview with Russian-language news source RIA this week. However, during the talk, he said that he believes "a decision will be made soon" matter – if only out of necessity due to the technology's growth.

In the interview, he went on promote a "thoughtful" approach to regulation, stating:

"It is necessary to move from a policy of denial and prohibition to a very accurate, thoughtful state regulation of the turnover of crypto-currencies. I think we should officially recognize them as a financial tool and properly handle it carefully so that excessive pressure does not destroy the technology itself."

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Source: https://www.coindesk.com/russian-government-minister-impossible-ignore-cryptocurrencies/

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Thank You!

Exactly! Thanks for sharing!