Deputy Finance Minister Aleksey Moiseev said that he and the Bank of Russia see crypto as a ‘necessary evil’.
Russia’s Finance Ministry has warned about the dangers of investing in cryptocurrencies, although it acknowledged that digital assets could be useful in certain situations.
Deputy Finance Minister Aleksey Moiseev described cryptocurrencies as “an evil,” adding that the Bank of Russia shares a similar view.
“Crypto as a whole, of course, is an evil, and I believe that people who...
