Russian econ min says hype about cryptocurrencies on decline - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Russian econ min says hype about cryptocurrencies on decline

SAMARA, Aug 1 (PRIME) -- Cryptocurrencies are becoming a less hot topic than before, Russian Economic Development Minister Maxim Oreshkin said on Wednesday at a forum.

УThe hype we saw about this topic half a year ago is faltering,Ф Oreshkin said. УAs to the cryptocurrencies, I would not call them currencies. The currency is something that can be used in our daily life and has a sustainable valueЕCryptocurrencies are rather crypto assets whose prices can fluctuate dramatically, and they wonТt play the role of currencies in their current form.Ф

Cryptocurrencies, initial coin offerings, mining or crowdfunding have no legal status in Russia. Several bills on the matter are being considered, however, it is clearly stated that digital financial assets are not a legal means of payment.


01.08.2018 16:28
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 72.6243 -0.2069 24 aug
USD 65.6046 -0.0150 24 aug
Stock Market Indices
1D 1W 1M 1Y
rtsi 1268.45 -1.11 18:50 23 aug
micex 2660.74 -0.54 18:50 23 aug
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 229.35 -1.17 18:49 23 aug
lkoh 5183.50 -1.73 18:49 23 aug
rosn 405.60 -0.10 18:49 23 aug
sber 219.50 0.00 18:49 23 aug
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 72.6700 -0.4825 14:59 23 aug
USDTD 65.7350 -0.1625 17:44 23 aug