✏️RBC reports:
💬"CB: Payments in cryptocurrency instead of national currencies carry risks for the market"
💬"The proliferation of cryptocurrencies and stablecoins - this is one of the global risk factors for the Russian financial market" – says the text of the project, published on the website of the 🏠 "Bank Rossiya" on the main guidelines for the development of the financial market until 2027.
💬"In the absence of global regulation, the proliferation of "digital currency surrogates such as cryptocurrencies and stablecoins" in place of national currencies in payments could increase" – says the document:
💬"Measures taken by individual countries may not be sufficient to mitigate these risks within national economies due to the cross-border and extra-territorial nature of modern monetary surrogates."
The regulator attributes such risks to the group of global macroeconomic factors. A document containing guidelines for the development of the Russian financial market has been published for public consultation.
While the Russian government legalizes mining and looks for ways to circumvent sanctions using crypto 🪙and stable coins 🪙, the foreign agent the Central Bank of the Russian Federation, following the command of its masters from Basel, raises the interest rate again, bleeding the economy and again scares with cryptocurrencies, pointing out their dangerous extraterritorial nature.
Russia's foreign correspondent accounts were blocked, it was excluded from SWIFT 💳, the only proper way out of the situation would be to use cryptocurrency for cross-border payments. But now the Central Bank is citing, the global risks of using cryptocurrencies.
Maybe it's time 🇷🇺 Russia to abandon structures that support global policing trends❓Moreover, this is not a controversial issue. There is nothing to discuss with the public here.
The only subject of discussion in this context may be which of the options is better: the nationalization of the Central Bank or simply... its liquidation❕