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Putin’s internet ombudsman pessimistic about crypto regulation
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cointelegraph.comDespite Russian officials' increased interest in cryptocurrencies like Bitcoin (BTC), Russia’s internet ombudsman expressed confidence that local crypto regulations will remain largely prohibitive.
Dmitry Marinichev, Russia’s ombudsman for the protection of entrepreneurs' rights under Russian President Vladimir Putin, on Wednesday discussed Russia’s approach to cryptocurrency regulations at a panel of a major local industry event, Blockchain Life 2021.
Russia will continue taking a restrictive stance on crypto because the Russian government doesn’t want Russian people to make money with Bitcoin, Marinichev said:
Marinichev also argued that Russian crypto laws, including the country’s first crypto-focused law, “On Digital Financial Assets,” or
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