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Russian MPs Want Central Bank to ‘Consider Crypto’s Spread’
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Russian lawmakers and regulators are pressing for crypto change, but will likely have to contend against a familiar foe in all things crypto-related in the country – the staunchly anti-crypto Central Bank.
In an interview with RIA Novosti, Alexey Savatyugin, the Auditor of the Accounts Chamber (the parliamentary body that deals with financial control), stated that cryptoassets “are a significant” and impossible-to-ignore “element of the global financial system.”
The Auditor stated:
“The total capitalization of the cryptocurrency market exceeds USD 2 trillion, which is more than the entire capitalization of the Russian stock market. It will not be possible to ignore this, particularly as in Russia a lot of people mine tokens and invest in
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