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Author Topic: Too early to talk about using crypto for oil trading, says Putin  (Read 6067 times)

Offline Dociko

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The Russian president has not excluded the possibility that, at some point, crypto will become a “means of accumulation.” Russian President Vladimir Putin believes that it’s “still premature” to use cryptocurrencies for settling trades of energy resources such as oil.

The Russian president discussed potential use cases of cryptocurrencies in a Thursday CNBC interview following a plenary session of the ​​Russian Energy Week forum.

According to a full interview text published on the Kremlin’s official website, Putin said that private cryptocurrencies “can act as a unit of account,” but they are “very unstable.”
Source: Cointelegraph


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Offline Hekkenar

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Re: Too early to talk about using crypto for oil trading, says Putin
« Reply #1 on: November 03, 2021, 06:15:44 PM »
It's better not to talk about Russians innovations. It's better to look at USA and China countries.

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Re: Too early to talk about using crypto for oil trading, says Putin
« Reply #2 on: April 29, 2022, 06:51:11 AM »
In Russia, the Putin regime has always had a negative attitude towards cryptocurrency, which gives people relative freedom. At the same time, Putin, as always, is very evasive and ambiguous about it, and therefore the laws adopted in relation to digital assets in Russia are among the worst in the world.
After Russia's full-scale military invasion of Ukraine and the imposition of harsh international sanctions against the aggressor country, the Russians should no longer hope that the cryptocurrency will be freely circulated in this country. They are taking all measures so that the capital does not leave Russia.

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