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Russia's Central Bank worries about crypto ‘infection' of the broader economy
Ksenia Yudaeva, First Deputy Chair of the Central Bank of Russia (CBR), said Russian businesses using cryptocurrencies in cross-border settlements must do so in a way that ensures crypto does not spread throughout the Russian financial system. “Our main condition, as the Central Bank, is that the creation of such platforms does not lead to the infection of our financial system with cryptocurrencies and does not create a stir in society associated with the desire to hold [digital assets],” she told the Eurasian Economic Forum on Wednesday. “We have always been, are and remain against encouraging or allowing the ... (full story)