Cryptocurrencies cannot perform the function of a means of payment due to the high volatility of their rate. This main drawback was named by the Central Bank in the project the main directions of digitalization of the financial market for 2022-2024.
Also, one of the problems is the high interest in digital assets on the part of criminals, the Bank of Russia noted. At the same time, the Central Bank is working on expanding the functionality of the digital ruble. For example, the regulator wants to test the possibility of exchanging it for foreign currency. Already in 2022, the first stage of testing the digital ruble platform is planned, at first credit institutions will be connected to it. Also, the Central Bank will introduce transfers between individuals using the digital ruble.
Earlier, the chairman of the Investigative Committee (IC) of Russia, Alexander Bastrykin, said that it is necessary to secure the possibility of arrest and confiscation of cryptocurrencies in the criminal legislation.
Such a measure will help in the fight against illegal operations, he is sure. In addition, Prosecutor General Igor Krasnov advocated the introduction of the concept of “cryptocurrency” into the legislation for uniform enforcement.
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