Russian Government Minister: It's 'Impossible' To Ignore Cryptocurrencies.
Mikhail Abyzov, who was appointed Minister for Open Government in 2012, made the remarks during an interview with Russian-language news source RIA this week. However, during the talk, he said that he believes "a decision will be made soon" matter – if only out of necessity due to the technology's growth.
In the interview, he went on promote a "thoughtful" approach to regulation, stating:
"It is necessary to move from a policy of denial and prohibition to a very accurate, thoughtful state regulation of the turnover of crypto-currencies. I think we should officially recognize them as a financial tool and properly handle it carefully so that excessive pressure does not destroy the technology itself."
Source: https://www.coindesk.com/russian-government-minister-impossible-ignore-cryptocurrencies/
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Thank You!
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